Online Car Parts Retailer Autodoc Postpones Frankfurt IPO (3)

German car parts retailer Autodoc SE postponed its Frankfurt initial public offering ahead of a market debut that had been expected on Wednesday, pushing back what would have been one of the largest German IPOs so far this year.

The company did not give a reason for its decision in a Tuesday statement, but said that an IPO at a later time remains under consideration. Guidance for the deal’s pricing had shifted toward the lower end of its earlier range, while terms had shown there was enough demand to cover the full deal size.

A decision was made to ...