Odido plans initial public offering on Euronext Amsterdam to raise one billion euros
Odido is preparing to file for an initial public offering on Euronext Amsterdam as early as next week. The listing aims to raise nearly one billion euros.
Insights:
Dutch telecommunications company Odido, which is currently controlled by private equity firms Apax Partners and Warburg Pincus, is preparing to file for an initial public offering on Euronext Amsterdam as soon as next week. The company is expected to seek proceeds of approximately 1 billion euros through the listing, marking a significant milestone for the Dutch capital markets. This development signals a potential revival in European IPO activity following a subdued period between 2024 and 2025.
The move by Odido, the largest mobile phone operator in the Netherlands 
NLwith about eight million customers, follows a period of significant volatility. The company had considered a public listing last year but decided to delay those plans due to market turmoil triggered by concerns over U.S. tariffs. The current attempt to go public suggests that market conditions have improved sufficiently for large-scale exits by private equity owners. Apax Partners and Warburg Pincus originally acquired the business, then known as T-Mobile Netherlands, in 2021 for an enterprise value of 5.1 billion euros.
NLwith about eight million customers, follows a period of significant volatility. The company had considered a public listing last year but decided to delay those plans due to market turmoil triggered by concerns over U.S. tariffs. The current attempt to go public suggests that market conditions have improved sufficiently for large-scale exits by private equity owners. Apax Partners and Warburg Pincus originally acquired the business, then known as T-Mobile Netherlands, in 2021 for an enterprise value of 5.1 billion euros.
