French outdoor media company JC Decaux has delayed its IPO on the French stock market (see JC Decaux To Fund Growth With IPO On French Stock Market) following media scepticism and concerns over investor demand. The announcement follows a week of uncertainty in the French advertising industry as share prices fell following profit warnings from the US.
The new price range for the offering is thought to range from a maximum of 1512p to 1203p, and is expected to be finalised on Wednesday.
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