Digi postpones Spain IPO plans over geopolitical turmoil, reports say

Digi Communications NV

23/04/2026 07:42

MADRID, April 23 (Reuters) - Romanian telecoms operator Digi DIGI.BX has suspended plans to list its Spanish unit because geopolitical instability has clouded the outlook for an offering, Spanish business newspapers Expansion and Cinco Dias reported on Thursday, citing people familiar with the matter.

Expansion said Digi had already informed the banks working on the deal, but still intended to proceed with the listing when market conditions improve.

The company had until the end of April to decide whether to launch in the spring issuance window, which runs through May 14, Expansion said.

Both reports said investor interest had emerged, but rising uncertainty linked to the U.S.-Israeli war on Iran pushed Digi to delay its plans.

Expansion added that recent reports about efforts by Washington and Tehran to extend a fragile ceasefire had not provided enough confidence to move ahead.

Digi Spain had planned to raise between 150 million and 200 million euros ($176-$234 million) through a primary share sale, alongside a secondary sale of existing shares by the parent, the reports said.

($1 = 0.8545 euros)

 (Reporting by David Latona; Editing by Sharon Singleton)

 ((david.latona@thomsonreuters.com; +34 918 35 68 13;))