InPost Plans IPO on Euronext

Polish parcel locker firm InPost plans an initial public offering in Amsterdam and aims to debut on Euronext as early as February, it said, as it seeks to expand abroad to capitalize on a surge in online shopping.

Reuters reported in December that private equity firm Advent International was preparing an Amsterdam IPO for InPost that would value its equity at 7-8 billion euros ($8.5-$9.85 billion)

The business, widely used in Poland by sellers on online commerce platform Allegro, with equity owners Cinven, Permira among its owners, has benefited from an online boom as the COVID-19 pandemic keeps shoppers in their homes.

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