OHB, KNDS May Delay June 12 Share Sales as SpaceX IPO Looms
Updated
Updated · Bloomberg · May 22
OHB, KNDS May Delay June 12 Share Sales as SpaceX IPO Looms
8 articles · Updated · Bloomberg · May 22
OHB SE and KNDS NV are considering pushing back share-sale launches planned for June 12, according to people familiar with the matter.
The two European issuers are weighing timetable changes to avoid competing with SpaceX, which is penciled in to go public the same day in what is expected to be a record US IPO.
Any delay would reflect concern that SpaceX could dominate investor attention and absorb market liquidity, complicating major equity offerings in Europe.
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