Panalpina IPO postponed

The Basel-based Panalpina Group, one of the world’s leading providers of forwarding and logistics services, announced a few weeks ago that it would go public, but left the timing of the IPO open. The group’s sole shareholder, the Ernst Göhner Foundation, has now decided not to go ahead with the IPO this year, as it considers that the stock market situation is currently unfavourable for a successful share flotation.

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