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Odido Plans IPO on Euronext Amsterdam, Appoints New CEO

1 report, 1 independent Updated Oct 28
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Odido announced that Tisha van Lammeren will replace CEO Søren Abildgaard. This leadership change comes after Odido abandoned plans for a €1 billion stock market listing. The decision followed a cyberattack in early February by the ShinyHunters hacking group, which exposed the personal data of approximately 6.39 million people.

From nltimes.nl

Why it matters

Some supportBrind's analysis of the reports

The cyberattack led Odido to cancel its planned IPO on Euronext Amsterdam. The breach, which involved the theft of customer data, has damaged Odido's financial standing and its ability to raise capital.

From nltimes.nl

Who's involved

  • OdidoDutch telecom provider that is planning an IPO and changing leadership
  • TishaLongtime company executive appointed as the new CEO of Odido
  • Warburg PincusPrivate equity firm that owns Odido
  • Apax PartnersBritish company that owns Odido

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • Warburg PincusSpeculative

    Warburg Pincus could face consequences for ownership and control due to reputational damage to Odido.

  • Apax PartnersSpeculative

    Apax Partners could face consequences for ownership and control due to reputational damage to Odido.

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The entities involved

Coverage

Newest first; wire copies grouped