Greyhound Bus Owner Flix Postpones Frankfurt IPO Plans

Greyhound bus owner Flix, which was planning to list as soon as in June in Frankfurt, has postponed its plans, according to people familiar with the matter.

The bus and train operator has delayed its plans for an initial public offering because of disagreements about its valuation, said the people, who asked not to be identified because the information is private. The company was seeking a valuation of about €4 billion ($4.3 billion) or more, the people said.