After pulling their IPO on the Frankfurt Stock Exchange at the last minute in 2018 on weak demand, Springer Nature’s owners are determined to try again, hoping that capital markets remain strong long enough for them to get to the finish line this time. Co-owners BC Partners and Holtzbrinck are reported to be working with Goldman Sachs and Morgan Stanley as lead bookrunners (Morgan Stanley led the previous effort as well), “which could take place as early as May or June” according to Reuters’ sources. One of those sources insists that “leverage has come down significantly, making it a much […]
