DEAG hits the brakes on re-IPO

German live entertainment powerhouse DEAG is postponing its return to the Frankfurt Stock Exchange. The group was due to list in Q1 2024 with an offer consisting of a capital increase of €40-50 million, together with an additional offering of existing shares from the holdings of current shareholders.

However, DEAG today (1 February) announced that the management board has decided to continue conversations with investors at a later date as it is “currently in advanced conversations with several acquisition targets in…

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