M&A and IPOs Worth Billions Stalled in 24 Hours by Trade War (2)

Billions of dollars worth of acquisitions and initial public offerings are on hold as Donald Trump’s trade war upends the global economy, twisting the knife into a dealmaking market that had already struggled to get going this year.

Ticket platform StubHub Holdings Inc., fintech giant Klarna Bank AB and trading platform eToro Group Ltd. have all pressed pause on planned listings, according to people familiar with the matter, who asked not to be identified discussing confidential information. Offerings from adtech group MNTN Inc. and insurer Ategrity Specialty Holdings are also on hold, the people said.

Those delaying listings ...