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Will Travelport IPO reappear in New York?
If European-U.S. rivalries played a role in Travelport withdrawing its IPO in London, some in the U.S. investment community believe Travelport may be thinking about resurrecting its public offering in New York.
If European-U.S. rivalries played a role in Travelport withdrawing its IPO in London, some in the U.S. investment community believe Travelport may be thinking about resurrecting its public offering in New York.
Worries about the Greek economy and other market conditions assuredly were key factors in Travelport’s inability to price its ill-fated IPO, but some insiders believe that U.S.-European rivalries — the feeling that Travelport was an “interloper” when measured against Madrid-favorite Amadeus, and cool feelings toward private equity in general and Travelport owner Blackstone, in particular — provided a subtext.
Read the full story at:http://www.tnooz.com/2010/02/22/news/will-travelport-ipo-reappear-in-new-york/
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