Saturday, 4 May 2019

Czech-based Avast eyes London float

Radio Prague |
13 April 2018

Czech-based anti-virus company Avast has announced plans to launch shares on the London stock exchange this year with the aim of raising around 200 million US dollars. The Prague-based software security and protection company, which could be valued at around four billion dollars, says it wants to ease its debt burden and create room for further growth. The share offer is likely to be targeted at institutional investors.