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HBX Group, formerly known as the Hotelbeds Group, plans to conduct an IPO in Spain within the next several weeks at a $5.1 ...

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HBX Group said that it plans to undertake an initial public offering on several Spanish stock exchanges, with the goal of raising up to 725 million euros ($746.1 million).

Private equity-owned hotel room wholesaler HBX Group is aiming to raise up to €725mn in an initial public offering in Spain, putting it on track to become the first large European listing of the year.