Deutsche Post World Net AG’s unit Postbank AG is reducing the size of its planned IPO to 1.5-2.0 bln eur from an earlier estimated 3 bln, Handelsblatt said, citing banking sources.
It said the number of shares to be sold would be smaller than planned.
Postbank has said it wants a listing before mid-July, and previously hoped to raise 2.5-3 bln eur from the share sale.
KEBA, based in Linz (Austria) and with branches worldwide, is a leading provider in the fields of industrial automation, handover automation and energy automation. With around 2000 employees, KEBA offers innovative solutions such as control systems, drive systems, ATMs, parcel locker solutions, e-charging stations, and […]
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