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Verisure Plans €13.9B IPO in Stockholm
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Verisure eyes one of Europe’s largest IPOs with a €13.
Security services firm Verisure is preparing an IPO in Stockholm that values it at up to €13.9 billion. It aims to raise €3.1 billion via new share issuance. The proceeds will be used to reduce debt and help fund the acquisition of ADT Mexico. The move comes as European IPO markets gradually regain momentum amid easing volatility and cautious investor sentiment.