, (Reuters) – The fast-spreading coronavirus outbreak around the world has forced a number of startups and private firms to put their plans for an initial public offering on hold.
Following is a list of some of the more prominent listings that have postponed their public debuts in recent weeks:
– Buyout firm Carlyle Group Inc
– Recording label Warner Music Group Corp has abandoned plans to kick off its public debut early this week, Reuters reported, citing people familiar with the matter.
– Shoemaker Cole Haan has also canceled plans to launch its IPO this week, according to a Reuters report, citing people familiar with the matter.
– Indonesia’s Lion Air has deferred plans for an IPO of up to $500 million, due to a sharp fall in global stock markets, according to a Reuters report citing people close to the matter, as the coronavirus outbreak sparks worries of a global pandemic.
– 58 Home, the maid and home-maintenance service owned by China’s Craigslist equivalent 58.com Inc, has delayed its planned U.S. IPO, Bloomberg reported https://bloom.bg/2SWTVGj, citing people familiar with the matter, as the coronavirus outbreak cripples customer demand.
(Reporting by C Nivedita in Bengaluru; Editing by Saumyadeb Chakrabarty)
