BERLIN (Reuters) -The anticipated IPO of Deutsche Boerse subsidiary ISS Stoxx is now unlikely to come this year, three people familiar with the matter said, even after Ottobock broke a drought of IPOs
IPO of Deutsche Boerse's ISS Stoxx unlikely this year,
BERLIN (Reuters) -The anticipated IPO of Deutsche Boerse subsidiary ISS Stoxx is now unlikely to come this year, three people familiar with the matter said, even after Ottobock broke a drought of IPOs in Europe's biggest economy earlier this month.
While Deutsche Boerse has said both a listing of ISS Stoxx and buying out minority investor General Atlantic are under consideration, advisers hoped it would be among the first IPOs after the summer break.
A spokesperson for the Frankfurt market operator said that both options continue to be examined. "No decision has been made yet."
An IPO attempt is now not expected before 2026, the people said, with the option of buying General Atlantic's 20% stake being more of a possibility, two of those people said.
(Reporting by Alexander Huebner, Charlie Conchie, Amy-Jo Crowley, editing by Kirsti Knolle)
