Spanish travel technology company HBX Group, the parent company of brands such as Hotelbeds, is preparing to launch a €1 billion initial public offering in the coming weeks
Jan 14, 2025
The private equity-backed company has been preparing for an IPO for over a year, according to previous reports from Reuters. Recently, the company has been in contact with potential investors and could file its IPO application as early as this week, depending on investor feedback.
The company and its stakeholders – including private equity firms Cinven and EQT (EQTAB.ST), as well as Canadian pension fund CPP Investments – have reportedly been exploring the possibility of listing on the Madrid Stock Exchange, Reuters previously reported.
HBX Group declined to comment on the matter.
Read the full story at Reuters
