HBX Group shares slide on market debut

HBX International

13/02/2025 09:35

** Shares in Spanish travel tech company HBX Group  HBX.MC 
slide about 7% on market debut 
    ** On Tuesday, the owner of the Hotelbeds brand said it had
priced its initial public offer at 11.5 euros ($11.97) a share,
for a total valuation of up to 2.84 billion euros
    ** The final price was at the mid-point of a previously set
range between 10.5 euros and 12.5 euros in one of the year's
first euro zone IPOs
    ** Stock price fell to 10.7 euros at 0930 GMT
 


($1 = 0.9605 euros)

 (Reporting by Tiago Brandao)
 ((Tiago.Brandao@thomsonreuters.com;))