Amadeus IPO more in tune than Travelport’s

Amadeus’s Eu1.25bn-1.36bn IPO, the largest float from western Europe so far this year, should avoid the fate of its peer Travelport, bankers involved in the travel booking firm’s Madrid listing insist. Market conditions have improved dramatically since Travelport pulled its £1.2bn London deal in February, though the new issue remains a major test of sentiment towards IPOs.