PHE becomes latest European IPO victim

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PHE becomes latest European IPO victim

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BER3JP Worker With Car Parts In Plant | Alamy Stock Photo

Parts Holding Europe, the French vehicle component distributor, postponed its attempts to list on the Paris Stock Exchange on Wednesday, making it the latest in a long line of companies to have to pull a deal. The initial public offering market has been volatile for some time, but there is a growing feeling that it is becoming ever harder to get deals done.

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