On Friday, according to a book runner for French digital music firm Believe said, books for the IPO of the firm are fully covered.

The company is planning to list in Paris with a target valuation of 1.9 billion to $2.5 billion (2.1 billion euros).

Earlier this week, the company had said, it “had reduced its public offering target to 300 million euros”.

($1 = 0.8259 euros)

Categories: Creativity, Entrepreneurship, HR & Organization, Strategy

Tags: Believe, book runner, digital music, France, French, fully covered, Initial public offering, IPO, Paris Stock exchange, target valuation