Companies planning IPOs are weighing how to ride out the volatility set off by events in the Middle East over the weekend, with bankers looking for ways to finish the job on deals nearing completion.
European defense technology company Vincorion and US-listed Medtronic Plc’s diabetes device unit MiniMed Group Inc. are expected to stick to their near-term initial public offering plans, people familiar with the matter have said. Firms with less advanced processes will have their feet hovering over the brakes, as the US and Israel’s operation in Iran plays out.
The sudden change in market sentiment risks ...
