MADRID (Reuters) – Spanish bank Ibercaja has postponed an initial public offering planned for later this month because of the current volatility in international markets, the bank said on Tuesday in a filing to the Madrid market regulator.
Ibercaja’s board “agreed to wait until the markets return to a situation of normality before continuing with its IPO,” the bank said.
(Reporting by Inti Landauro; Editing by Kirsten Donovan)
