Future Tech

WeTransfer company cancels IPO citing market volatility

Tan KW
Publish date: Thu, 27 Jan 2022, 05:49 PM
Tan KW
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Future Tech

AMSTERDAM - The company that owns the WeTransfer file service on Thursday said it was cancelling its initial public offering (IPO) on Amsterdam Euronext, citing volatile market conditions.

WeRock had planned a floatation that would have valued the company between 629 million and 716 million euros ($714-813 million).

 

 - Reuters

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