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General

Salt freezes IPO plans - report

Monday 27 September 2021 | 11:22 CET | News
Swiss operator Salt has decided to freeze its plan for an initial public offering (IPO), Bloomberg reports citing people familiar with the matter. Reuters previously reported that Salt was preparing to float on the Zurich stock exchange, in a deal that could value the company at about CHF 2.5 billion including debt. Salt's owner, the French billionaire Xavier Niel, was seeking to exit the investment, the report added. 

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Categories: General
Companies: Salt
Countries: Switzerland
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