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Report: Adyen IPO shares to be priced at top end of indicative price range

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Report: Adyen IPO shares to be priced at top end of indicative price range

Shares in Dutch payment solutions provider Adyen NV's planned IPO are expected to price at the top end of the €220 per share and €240 per share indicative price range set earlier in June, Reuters reported, citing the book runners for the offering.

The potential final pricing will value the company at about €7.3 billion, when the trading of the shares begin June 13 on Euronext Amsterdam, according to the newswire.

The book runners said interest in the offering was "unprecedented" and only a few institutions were likely to be allocated shares, Reuters said.