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2,616.00    33.00 (1.28%)
Bid:
2,608.00
Ask:
2,610.00
Spread: 2.00 (0.077%)
Market Cap: £46.09b
REL Live PriceLast checked at - London Stock Exchange

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Publisher Springer Nature again postpones flotation - source

Mon, 05th Oct 2020 08:18

BERLIN, Oct 5 (Reuters) - Springer Nature is again
postponing its plans to float on the German stock market after
the coronavirus pandemic dealt a blow to its business in the
first half of the year, a source familiar with the matter said
on Monday.

The publisher of Nature and Scientific American, which
competes with Relx Plc's Elsevier unit and John Wiley &
Sons, had been looking to raise around 1 billion euros
($1.2 billion) to pay down debt.
(Reporting by Douglas Busvine; editing by Maria Sheahan and
Thomas Seythal)

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