The various private equity companies that have traded educational publisher Springer for more than a decade now have hoped for an offering of shares to the public since at least 2012 if not earlier, both to help pay down a persistent debt load and to provide a pathway to an exit. The current incarnation of the company, the Springer Nature joint venture, came close to pulling it off in 2018 — but the offering on the Frankfurt Stock Exchange fell apart at the last minute. At first they reduced the share price and had 53-percent partner Holtzbrinck step in to […]
