Deezer looks to raise at least €300m from stock market flotation
by Mark Sweney from Technology | The Guardian on (#QHSF)
French music service raises funds to take on rivals Spotify and Apple Music
Music service Deezer is looking to raise at least a300m (222m) from an initial public offering on the Paris stock market as it looks to take the fight to rivals Spotify and Apple Music.
The French music service intends to sell up to 8.2m new shares at between a36.40 and a49.24 each, with a target of raising a300m.
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