(Reuters) – French software company Planisware launched on Monday an initial public offering as part of its aim to become a leading provider of multi-specialist project management solutions.
The group said 15.1 million shares will be sold, priced between 16 and 18 euros each, and it hopes to raise 241 million euros ($254.52 million) from the share sale.
The pricing of the offering is expected to take place on Oct. 11.
($1 = 0.9469 euros)
(Reporting by Diana Mandiá and Stéphanie Hamel; Editing by Jamie Freed)
