04 juin 2018

Weak demand forces Springer Nature to cancel 3.2 billion euro float at last minute

Weak demand forces Springer Nature to cancel 3.2 billion euro float at last minute
Arno Schuetze, Reuters, 2018/05/09
This is a really interesting story, not simply because it shows the weakness of established publishers today, but because the prospectus (426 page PDF) paints a clear picture of the market today. I was most interested in the list of risks (pp. S16-S18 and expanded in much greater detail after p. S54). More...

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