Warner Music Group delays IPO, with stock market in grip of Coronavirus fears

Warner Music Group’s IPO was supposed to start kicking off this week – but the company has delayed its flotation in the US due to market turbulence caused by fears surrounding the spread of the Coronavirus. According to sources close to the company, WMG was set to share target price ranges for its public debut this week, as well as starting formal meetings with potential IPO investors.

Source: Warner Music Group delays IPO, with stock market in grip of Coronavirus fears

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