BERLIN (Reuters) – United Internet subsidiary Ionos wants to begin the process for an initial public offering (IPO) this month, a financial source told Reuters on Friday.
A valuation of 5 billion euros ($5.42 billion) for Ionos is realistic, said a source.
Ionos declined to comment.
($1 = 0.9229 euros)
(Reporting by Alexander Huebner und Hakan Ersen, Writing by Miranda Murray, Editing by Rachel More)
