on TX Group (isin : CH0011178255)
SMG Swiss Marketplace Group Announces IPO Intent
TX Group, in collaboration with Mobiliar, Ringier, and General Atlantic, established the SMG Swiss Marketplace Group in 2021, incorporating platforms such as Homegate and Ricardo. TX Group currently retains a 30.7% stake in SMG.
The SMG Swiss Marketplace Group has announced its Intention to Float (ITF), signaling the potential for an initial public offering (IPO). TX Group, confident in SMG's future cash flow and market performance, plans to maintain its shareholding during the IPO.
The precise timing of the IPO will be dictated by prevailing market conditions. Further updates will be provided as necessary.
R. P.
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