Sunday, 5 May 2024

Dutch investor HAL Trust plans IPO for online retailer Coolblue

AMSTERDAM (Reuters) – Dutch investor HAL Trust is considering listing shares of Dutch online store Coolblue on the Amsterdam stock exchange this year, it said on Thursday.

HAL has a 49% interest in Coolblue, which last year reported revenue of about 2 billion euros ($2.43 billion) and earnings before interest, tax, depreciation and amortisation (EBITDA) of 114 million euros.

The initial public offering (IPO) will depend, among other things, on financial market conditions, HAL said.

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