Avast plans IPO

Published: 08.11.2017 Related countries:  Canada Canada

Avast and IPO


Czech antivirus company Avast is readying an IPO at the London bourse, Hospodářské noviny writes. The firm’s valuation after the first initial public offering could reach up to USD 4bn. Avast generated revenues of USD 714m in 2016. The operating profit following the merger with rival AVG reached USD 353m. (HN-13)