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PE-backed HBX Group eyes $1bn Madrid IPO

Summary by Private Equity Wire
HBX Group, the Spanish travel technology company known for its Hotelbeds brand and backed by private equity firms Cinven, EQT, and Canadian pension fund CPP Investments, is gearing up for a €1bn ($1.04bn) initial public offering (IPO) in the coming weeks, according to a report by Reuters. The report cites unnamed sources familiar with the matter as revealing that HBX Group’s listing on the Madrid Stock Exchange has been in the works for over a y…
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  • 100% of the sources lean Left
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