Reported 6 months ago
British personal computer maker Raspberry Pi is anticipated to set the price of its London IPO at the top of its range, potentially raising around £179 million ($229 million) at £2.80 per share. The deal is oversubscribed and includes commitments from cornerstone investors, marking a significant IPO for London which has lagged behind this year's IPO resurgence in Europe. Raspberry Pi's IPO is set to be the largest in London since February and provides hope for tech listings in the financial hub, contrasting with big-ticket listings in other European countries this year.
Source: YAHOO