The Access and Orange-backed music streaming service expects to float at the end of this month, with ProSiebenSat1 and several record labels to secure shares.
France-based music streaming service Deezer, which counts conglomerate Access Industries among its investors, disclosed more details about its forthcoming initial public offering today, revealing it plans to raise €300m ($343m).
Deezer intends to issue just over 8.2 million shares priced between €36.40 and €49.24, and expects to float at a valuation of between €880m and €1.09bn. It aims to begin trading on the Euronext market by the end of this month.
Founded in 2006, Deezer launched its streaming service the…
