Salt shakes off IPO plan
The arrival of autumn was reportedly to be accompanied by a flotation of Switzerland’s Salt this year, but now it seems the plan is off, at least for now.
Xavier Niel, owner of the Swiss telco and other European telecoms assets, has mothballed his proposed IPO, unnamed sources cited by Bloomberg said, without giving a reason for the move. However, the flotation could still happen at a later date, they said.
This is a particularly busy time for European listings, with investors flocking to
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