Allegro Raises USD2.3b in Warsaw IPO, Permira, Mid Europa Partners, and Cinven Exit

Source(s): Bloomberg

Poland-based e-commerce group Allegro has raised USD2.3b in its IPO on the Warsaw Stock Exchange, facilitating a partial exit for shareholders Permira, Cinven, and Mid Europa Partners who originally acquired the business in 2016 for USD3.25b. The IPO reportedly values Allegro at USD11.2b. Read more