Latest news with #Autodoc


Reuters
3 days ago
- Business
- Reuters
Germany's Brainlab puts IPO on hold
BERLIN, July 1 (Reuters) - German medical technology firm Brainlab on Tuesday became the latest IPO candidate in the region to put listing plans on hold amid volatile stock markets. It had previously eyed a price of 80 euros ($94) per share, the lower end of a previous offer range, for its planned initial public offering with the first day of trading scheduled for Thursday. "An IPO at a later time remains under consideration by Brainlab and the selling shareholders," a statement from the company said. The listing on the Frankfurt Stock Exchange of the Munich-based maker of imaging and guidance software for surgeons would have been the first major IPO this year for Germany. Several European companies have pulled listing plans so far this year amid growing investor uncertainty from global trade wars and military conflicts. German car parts seller Autodoc put IPO plans on hold last month. The planned sale of Brainlab shares worth 416 million euros, both existing and new ones, would have valued all of its equity capital at close to 1.7 billion euros. ($1 = 0.8523 euros)


Reuters
24-06-2025
- Automotive
- Reuters
German car parts seller Autodoc puts IPO on hold
FRANKFURT, June 24 (Reuters) - German car parts retailer Autodoc on Tuesday called off its planned initial public offering on the Frankfurt stock exchange, the latest in a string of companies holding off on listing plans. In a statement, Autodoc added that an IPO at a later time remained under consideration by the company and shareholders, without saying why the IPO was postponed. The planned transaction would have seen the sale of existing shares worth as much as 390 million euro ($453.18 million), for a total equity value of the company of as much as 2.3 billion, with the first day of trading scheduled for Wednesday. The risk of global trade disputes over tariffs has led to the suspension of a number of listings and the military conflict between Israel and Iran has further added to the market volatility. Metals investor Cobalt Holdings earlier this month suspended London IPO plans, declining to specify the reasons. That was after Germany's 1Komma5 Grad, a renewable-energy systems provider, and Swedish fintech Klarna in April put U.S. listing plans on hold. In March, German pharmaceuticals company Stada postponed an IPO in Frankfurt. ($1 = 0.8606 euros)


Bloomberg
24-06-2025
- Automotive
- Bloomberg
German Car Parts Seller Autodoc Postpones Frankfurt IPO
German car parts retailer Autodoc SE postponed its Frankfurt initial public offering on Tuesday, without stating a reason. An IPO at a later time remains under consideration, the company said in a statement.


Reuters
17-06-2025
- Automotive
- Reuters
Autodoc's IPO is set to value car parts retailer at $2.8 billion
June 17 (Reuters) - The planned initial public offering of Autodoc is set to value the German online parts retailer at as much as 2.4 billion euros ($2.78 billion), the company said on Tuesday. The private placement is set at a price range of 58 to 61 euros, which amounts to a total market capitalization of 2.3 to 2.4 billion euros, it said in a statement. Under the IPO, existing investors plan to sell shares for between 383 million euros and 403 million euros. The first day of trading on the Frankfurt Stock Exchange is scheduled for June 25, preceded by a private placement between June 17 and June 24, Autodoc said. The IPO, announced earlier in June, has come as a surprise after many firms previously suspended listing plans amid growing uncertainty from global trade wars. ($1 = 0.8644 euros)


Bloomberg
17-06-2025
- Automotive
- Bloomberg
Autodoc Backers Seek Up to €403 Million in Frankfurt Listing
Autodoc SE 's owners are looking to raise as much as €403 million ($466 million) in one of Germany's largest initial share sales so far this year. The online car part retailer's founders and private equity backer Apollo Global Management Inc. are offering about 6.6 million shares at a price range of €58 to €61 apiece, according to a statement. The deal would give Autodoc a market capitalization of €2.44 billion at the top end of price range, according to terms seen by Bloomberg.