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Springer Nature asks JP Morgan, Morgan Stanley to organise IPO - sources
November 27, 2017 / 2:35 PM / in 16 days

Springer Nature asks JP Morgan, Morgan Stanley to organise IPO - sources

FRANKFURT, Nov 27 (Reuters) - SpringerNature, the publisher of science magazines Nature and Scientific American, has asked JP Morgan and Morgan Stanley to organise its potential 4 billion euro ($4.8 billion) 2018 stock market listing, people close to the matter said.

The SpringerNature joint venture is 53-percent owned by German publisher Holtzbrinck, with buyout group BC Partners holding the rest.

$1 = 0.8367 euros Reporting by Arno Schuetze and Alexander Hübner Editing by Maria Sheahan

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