Greek Crisis Ripples Across European Companies as Markets Swing

Greece’s financial turmoil rippled across corporate Europe as a market rout sabotaged planned bond sales and stock offerings and threw companies into crisis-response mode to deal with unsettled customers.

German real-estate investor ADO Properties and retailer CBR Fashion Holding shelved initial public offerings, citing volatile markets, while Adler Real Estate halted plans to sell a convertible bond. Travel companies Tui AG and Thomas Cook Plc fielded calls from travelers about access to cash after Greece introduced capital controls to prevent bank collapses, while Greece’s Titan Cement Co. suspended its dividend payout.