Swissport set to pursue IPO, but will owner HNA relinquish control?

Ground handler Swissport is to seek a public listing on the Swiss stock exchange.
Group president and chief executive officer Eric Born said the initial public offering (IPO) would accelerate Swissport’s long-term growth strategy.
“It will provide additional financial flexibility and liquidity, and position the company to strengthen its leadership position and service offerings.”
No timeframe was announced for the IPO on Swiss bourse SIX, but a spokesperson told The Loadstar the “intention” was “some …

The post Swissport set to pursue IPO, but will owner HNA relinquish control? appeared first on The Loadstar.

Source: The Loadstar

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