Spanish Baker Europastry Said to Consider Reducing IPO Size
- Company had targeted €1.51 billion market value in offering
- Europastry called off listing attempt in June on volatility
Finished bakery products at a Europastry's Advanced Lab.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
Spanish bakery firm Europastry SA is weighing whether to reduce the size of its planned initial public offering, according to people familiar with the matter.
The advisers on the deal are speaking with investors about the potential downsize, the people said, asking not to be identified as the information isn’t public.