Amadeus reportedly now also wavering on IPO


After Travelport dumped its EUR1.3 billion initial public offering last week, Amadeus is reportedly looking into its plans for an offering on the Madrid stock exchange early this year.

Amadeus is investigating the reasons behind why Travelport pulled its IPO, especially whether the failed float was due to market conditions or issues specifically within the Travelport company, reports the Wall Street Journal.

“Amadeus will be examining why they pulled the float off and will look to understand carefully why it went wrong,” said an anonymous source to the WSJ.

Amadeus was looking to planning to put its offering on the market in the first half of this year.
Source = e-Travel Blackboard: W.X
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