IPO of Deutsche Boerse’s ISS Stoxx unlikely this year, sources say — TradingView News

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By Charlie Conchie and Alexander Hübner

The anticipated IPO of Deutsche Boerse DB1 subsidiary ISS Stoxx is unlikely this year, three people familiar with the matter said, even after Ottobock OOBCK broke a drought of IPOs in Europe’s biggest economy this month.

While Deutsche Boerse has said both a listing of ISS Stoxx and buying out minority investor General Atlantic were under consideration, advisers hoped it would be among the first IPOs after the summer break.

An IPO attempt is now not expected before 2026, the three sources said. That makes the possibility of Deutsche Boerse buying General Atlantic’s 20% stake now more likely, two of them said.

The waning share price of listed peers like the London Stock Exchange Group LSEG and the valuation sought by Deutsche Boerse were among the reasons cited for not floating now, two of the sources said.

POSSIBLE BRAINLAB MOVE

A spokesperson for Frankfurt-based market operator Deutsche…

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