Reported about 7 hours ago
HBX Group International Plc, a travel tech company, is seeking to raise up to €750 million through an initial public offering in Spain, with more than €200 million allocated for bonuses. The company plans to offer up to 69 million shares priced between €10.50 and €12.50 each, which could give it a valuation exceeding €3 billion. The IPO is set to occur on February 13, 2025, and aims to support debt reduction and incentive programs, following its acquisition by Cinven and Canada Pension Plan Investment Board in 2016.
Source: YAHOO