Spain eases rules in bid to stop IPOs being derailed by market turmoil

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Financial Times 17h ago

Spain eases rules in bid to stop IPOs being derailed by market turmoil - Financial Times

Quick Summary:

The regulator added that it was consistent with measures envisaged in the bloc’s Listing Act to revitalise public markets.

The listing process will be officially available to companies with a valuation of at least €500m, but the CNMV said it would consider applications from smaller businesses.

Companies in Spain currently have five days for their shares to start trading once they have completed their listing preparations and received regulatory approval.