Advertisement
UK markets open in 5 hours

  • NIKKEI 225

    38,215.53
    +663.37 (+1.77%)
     

  • HANG SENG

    16,984.48
    +155.55 (+0.92%)
     

  • CRUDE OIL

    83.32
    -0.04 (-0.05%)
     

  • GOLD FUTURES

    2,331.20
    -10.90 (-0.47%)
     

  • DOW

    38,503.69
    +263.71 (+0.69%)
     

  • Bitcoin GBP

    53,603.74
    -32.76 (-0.06%)
     

  • CMC Crypto 200

    1,437.86
    +23.10 (+1.63%)
     

  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     

  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

Computing firm OVHcloud IPO set to go ahead at low end of price range

Reuters
·1-min read
The logo of French cloud computing company OVHcloud is seen on a data-center building in Strasbourg

PARIS (Reuters) - French cloud computing services provider OVHcloud's IPO is set to move ahead at a price of 18.5 euros per share, at the low end of the range, one of the banks in charge of the operation said on Wednesday, valuing the firm at about 3.5 billion euros.

One of the bookrunners said the offer is already oversubscribed although the books will not close until Thursday midday.

On Oct. 5, OVHcloud - the second-biggest European-based cloud services provider after Deutsche Telekom's T-Systems according to Synergy Research - had set a price range of a 18.5 to 20 euros per shares, which would lead to a market value of 3.5 to 3.74 billion euros.

(Reporting by GV De Clercq; Editing by Kirsten Donovan)