09/03/2010
AMADEUS DELAYS ITS IPO UNTIL AFTER EASTER.
The Amadeus IPO, Europe's largest in nearly three years, has been delayed at the request of additional information by the Commission Nacional del Mercado de Valores (CNMV) and the markets volatility.
It was expected that March 29 would be set the final price for the world's leading flight reservations management placement ,and two days later, on 31, Amadeus would re-list on the capital markets.
The new calendar agreed by the entities, JP Morgan, Goldman Sachs and Morgan Stanley, with the private equity firms BC Partners and Cinven, owners of 53% of capital, let the IPO for after Easter, between April and May.
Amadeus, valued between €8,000 and €10,000 million, wants to put in market shares amounting between €2,000 and €3,000 million.