InPost announces its IPO
Wpis dostępny jest także w języku: polski
Parcel machine operator InPost has just confirmed its intention to go public. Shares on Euronext Amsterdam will be introduced by its main shareholder Advent International and Templeton Strategic Emerging Markets Fund IV, LDC and PZU Fundusz Inwestycyjny Zamkniety Aktywow Niepublicznych BIS 2.
Information about InPost’s possible IPO already appeared at the end of 2020. (we wrote more about it here) and now they have been confirmed. Funds managed by BlackRock as well as Capital World Investors and GIC Pte have concluded an agreement to acquire shares in the Polish company in an offer for €1.03bn. A new issue is not planned.
The purpose of the IPO is to strengthen brand recognition and credibility outside Poland. This is related to the planned expansion abroad.
InPost was already listed on the Warsaw Stock Exchange until 2017.