Amadeus considers IPO

Amadeus announced on Wednesday  it will embark on a public offering on the Spanish Stock Exchange, later in the year, if market conditions are favourable.

It follows an attempt byits competitor, Travelport, to launch an IPO earlier this year, that was aborted at the last minute.

Amadeus intends to execute a primary offering of shares valued at Euro 910 million plus a secondary offering, all of which when combined would amount to at least 25% of the company’s overall stock.

Comments from observers in the technology space suggest an IPO would allow Amadeus to be more flexible financially, with an ability to make longer-term investments, including acquisitions, to shore up its airline solutions and global distribution system business lines.