Deals
United Internet Reopens European IPO Market With Ionos Listing
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United Internet AG has launched the listing of its web hosting arm Ionos Group in Frankfurt, presenting the first big test of Europe’s subdued initial public offering market.
The IPO will consist of the offering of existing shares held by United Internet and Warburg Pincus, with United Internet retaining a majority stake in Ionos following the completion of the IPO, the company said in a statement.