What is Odido planning with its IPO?

Odido is preparing to file for an Initial Public Offering in Amsterdam, potentially raising about 1 billion euros.

Who owns Odido before its IPO?

Odido is currently owned by private equity firms Apax Partners and Warburg Pincus.

Is the European IPO market showing signs of recovery?

Yes, the European IPO market is showing signs of a rebound, with Odido and CSG planning major listings in Amsterdam.

Home / Business and Economy / Odido IPO: Dutch Telecom Giant Eyes Amsterdam Listing

Odido IPO: Dutch Telecom Giant Eyes Amsterdam Listing

14 Jan

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Summary

Odido, a Dutch mobile operator, is preparing for an IPO in Amsterdam.
The company, owned by Apax Partners and Warburg Pincus, may raise 1 billion euros.
This listing signals a resurgence in European IPO activity after a slow period.

Odido IPO: Dutch Telecom Giant Eyes Amsterdam Listing

Dutch telecoms company Odido is reportedly nearing a significant Initial Public Offering (IPO) on the Amsterdam stock exchange, potentially as soon as next week. This anticipated listing by the mobile operator, currently under the ownership of Apax Partners and Warburg Pincus, could secure around 1 billion euros in capital. The move represents a notable development, adding momentum to the tentative rebound observed in Europe's IPO market this year.

Formerly known as T-Mobile Netherlands, Odido stands as the largest mobile phone company in the Netherlands, serving approximately eight million customers. Apax Partners and Warburg Pincus acquired the company in 2021 for an enterprise value of 5.1 billion euros. Odido had previously considered a public offering last year but postponed its plans due to market volatility.