Reported 10 months ago
The revival of initial public offerings in Europe is facing setbacks as companies reconsider their listing plans due to market volatility. Recent decisions by Permira-backed Golden Goose Group SpA and Tendam Brands SAU to delay their IPOs highlight the pause in share sales following a sell-off triggered by French President Emmanuel Macron's election announcement. With uncertainty impacting equity markets and luxury stocks, IPO activity in Europe is expected to slow down, despite a record amount of funds raised this year. CVC Capital Partners Plc and Shein are still planning listings in the coming months, but Golden Goose's pulled listing indicates a narrowing window of opportunity moving forward.
Source: YAHOO