France’s OVHcloud kicks off process for a potential IPO: spokeswoman

French cloud computing services provider OVHcloud has started the process for a potential of listing of the company, a spokeswoman said on Monday.

Founded by Octave Klaba in 1999, OVHcloud is the biggest France-based cloud services provider.

Whatever the outcome of the potential initial public offering (IPO), Klaba and his family would retain a majority of the company’s shares, the spokeswoman said.

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