Web Hosting Co. Ionos Targets $3.4B IPO In Germany

Web Hosting Co. Ionos Targets $3.4B IPO In Germany

By Najiyya Budaly (January 27, 2023, 5:23 PM GMT) — Ionos Group SE is targeting a market capitalization of up to €3.15 billion ($3.4 billion) with an initial public offering in Germany, owners of the web hosting business said Friday, in a move that could revive Europe’s IPO market after Porsche AG’s flotation in September….

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