Factbox: Failure to launch – The biggest IPO pull-outs of 2019


(Reuters) – Private companies seeking to launch on stock markets have abandoned a series of initial public offerings (IPO) this year after a string of high-profile startups — most notably WeWork — failed to draw the expected interest from investors.

FILE PHOTO: A WeWork logo is seen at a WeWork office in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate Munsch/File Photo

The cancellations in part are seen as a reflection of a weakening global economy, but have cast doubt on the solidity of some disruptive businesses, while Asian deals have also suffered from the political protests in Hong Kong.

Here is a list of the most notable companies across the world to have pulled the plug on their IPOs in 2019:

** The We Company, owner of office-sharing startup WeWork, scrapped its IPO in September, as concerns around the sustainability of its business model led to a lackluster response from investors.

** Endeavor Group Holdings, the U.S. entertainment and talent…

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