EQT-owned software provider SUSE eyes listing – Reuters

EQT AB (publ)-owned software provider SUSE Software Solutions Germany GmbH is planning for an IPO, which expected to begin in May, Reuters reported, citing people close to the matter.

The listing may value the German company at €7 billion to €8 billion, the sources told the news wire.

SUSE tapped Bank of America and Morgan Stanley to serve as global coordinators for the IPO, while Goldman Sachs, Deutsche Bank and Jefferies will act as bookrunners.

EQT declined Reuters' request for comment, while the banks either declined or were not immediately available for comment.