DEAG hits the brakes on re-IPO
The move comes just weeks after the German powerhouse announced it would return to the Frankfurt Stock Exchange
News By Lisa Henderson | 1 February 2024
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.
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…
You've used your free article this month
Create a free account to read 3 articles per month, or subscribe for unlimited access.
