LONDON, Apr 7 (Reuters) – Spanish fintech company Allfunds aims to achieve a valuation of more than 7 billion euros ($ 8.31 billion) in its public offering to go public in Amsterdam, according to a source familiar with the operation.

The company launched its offer to be listed on Euronext Amsterdam early Wednesday, saying it aims to place 25% of its shares on the Dutch stock exchange, by selling shares of its owner, the venture capital firm Hellman & Friedman.

Reuters reported last month that the Madrid-based fund distribution company would launch the public offering for sale after the Easter holidays, with an expected valuation of between 7 and 8 billion euros, citing sources close to the process.

(Information from Abhinav Ramnarayan, edited by Joice Alves, translated by Tomás Cobos)

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