Europe's Biggest Vet Group Mulls London IPO, FT Reports, Citing Sources

Dow Jones

Feb 10, 2025

-- Europe's biggest vet group IVC Evidensia is considering a listing on London's main market in what would be one of the city's largest amid a listings drought, the Financial Times reports, citing people familiar with the matter.

-- The Bristol-based company, which was last valued at 12.3 billion euros ($12.71 billion), is exploring several listing options for next year, the FT reports, citing sources.

-- IVC's backers include its biggest shareholder, private equity group EQT, as well as consumer giant Nestle and Silver Lake, a private equity firm focused on technology, according to the FT.

Full story: https://rb.gy/nc56ma

Write to Maitane Sardon at maitane.sardon@wsj.com

(END) Dow Jones Newswires

February 10, 2025 03:47 ET (08:47 GMT)

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