Springer Nature IPO postponed

Last minute cancellation due to market conditions.

The public offering was postponed just before trading in shares was scheduled to start. However, the company stated it may revisit its flotation plan at a future date.

"Springer Nature and its shareholders will continue to closely evaluate the market environment in general and opportunities regarding an IPO of Springer Nature in the future," a statement from the company said.

According to Reuters, investors have become cautious following the poor performance of other recent European IPOs.

For an interesting, information-centric view on the affair, see this article by Roger C. Schonfeld @rschon published in the Scholarly Kitchen.

Sources: Bookseller; Reuters.