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Chrysalis holding Klarna moves forward with US listing plans - reports
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investmentweek.co.ukAccording to a Bloomberg report, the Stockholm-based company is in talks with investment banks for a US listing in the third quarter of this year. Sources told the outlet the deliberation is ongoing, and the valuation and timing may change. Chrysalis has a 10.9% holding in Klarna, as per its December 2023 factsheet. Chrysalis' last NAV update, as at 31 December 2023, implied a $11bn Klarna valuation, Liberum noted. Peel Hunt upgrades Chrysalis on 'potential catalysts' The news of a potential Klarna listing has lifted the trust's share price, rising as high as 5.2% in mid-morning tr...
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