Trustpilot heads for billion-IPO on London Stock Exchange
The Copenhagen-based Reviews platform Trustpilot announced that it is considering an Initial Public Offering (IPO) in London that would see at least 25% of the company floated on the London Stock Exchange (LSE). According to Bloomberg, Trustpilot is seeking a valuation of around 1 billion pounds ($1.4 billion) in the IPO. It would be the first large post-Brexit IPO from an EU company in London, showing that the city is still attractive to foreign listings after Brexit. Trustpilot is a key company in the dawning European cybereconomy.