Belron Picks Banks for Potential European IPO

A vehicle-glass repair business reaching for a mega-cap valuation is a test of how far European public markets will stretch for a non-tech, services-led story at a time when new listings have been scarce. The choice of Amsterdam over London adds another data point to the ongoing contest for large European floats. Whether the deal proceeds at the mooted scale, and whether comparable private assets follow, is the open question.