RTR: German logistics firm Trans-o-Flex plans 2021 IPO

REUTERS reports:
Trans-o-Flex* is preparing to list on the Frankfurt stock exchange as early as September in a deal that could value the German logistics firm at roughly 1 billion euros ($1.2 billion), people close to the matter said.
The company is working with JPMorgan on the initial public offering that could see stock worth 300 million euros sold, three sources said.
“In order to finance our further growth, we are continuously evaluating possible …

The post RTR: German logistics firm Trans-o-Flex plans 2021 IPO appeared first on The Loadstar.

Source: The Loadstar

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