Scam-Call Blocker Truecaller Seeks $116 Million in Stockholm IPO
- Date: 15-Sep-2021
- Source: Bloomberg
- Sector:Financial Markets
- Country:Middle East
Scam-Call Blocker Truecaller Seeks $116 Million in Stockholm IPO
Caller-identification service Truecaller is looking to raise 1 billion kronor ($116 million) in what could rank among the year’s biggest initial public offerings in Sweden as deals surge to a two-decade high.
Alongside the sale of new shares, current holders will offer existing stock, according to a statement on Wednesday. The offering could value the company at about $3 billion, according to local media reports before the summer.
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