Amadeus IPO still on track despite European volcano ash crisis
Amadeus has stressed the company is not under pressure to move its original opening day of trading on April 29 on the Spanish stock markets in Madrid, Valencia, Barcelona and Bilbao.
Amadeus officials have moved quickly to reassure potential investors and the Spanish markets that its IPO will go ahead as planned.
Reports earlier today suggested that number of the major mergers and IPOs planned for the next few weeks in Europe – including Amadeus – could be under pressure to complete following the disruption caused by the Icelandic volcanic ash cloud.
Concerns were raised after air travel in Europe ground to a halt as the ash cloud spread across Europe, with supposed dealmakers and other important figures left stranded in various corners of the continent, as well as North America and the Far East.
Read the full story at: http://www.tnooz.com/2010/04/19/news/amadeus-ipo-still-on-track-despite-european-volcano-ash-crisis/