Lack of investor conviction leads to listings bonfire
IPOs are having another rough October as declining investor sentiment in new listings has led to a number of new deals being postponed. While there are still new deals being launched, markets have become increasingly difficult.
German real estate investment trust Logistrial cancelled its plans to list this autumn, joining Kazakh fintech firm Kaspi and Dutch e-commerce firm CM.com in postponing plans for a listing.On Tuesday evening Ferretti, the Italian manufacturer of yachts and super yachts, had to extend its book building ...
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