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European tech firms tiptoe back to IPO market

Larger tech firms are watching upcoming listings to see if prices hold up enough to justify their own IPOs

Published Thu, Sep 22, 2016 · 09:50 PM
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Frankfurt

A HANDFUL of European tech firms are testing the appetite for initial public offerings, taking their lead from a modest rebound in listings in the US following a two-year slump.

Danish credit card payments processor Nets A/S and Dutch online food ordering firm Takeaway.com plan to list on their home markets this month, while Spanish mobile phone tower business Telxius and German online pharmacy Shop Apotheke Europe are eyeing initial public offerings (IPOs) in October.

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