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, headquartered in Linz (Austria) and operating globally, is a leading provider of industrial, handover, and energy automation solutions. With around 2,000 employees, KEBA develops and manufactures innovative systems such as control and drive technology, ATMs, parcel locker and transfer solutions, e-charging stations, and heating […]
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