Market Chatter: Deutsche Taps More Banks for ISS Stoxx IPO

11:48 PM EDT, 06/25/2025 (MT Newswires) -- Deutsche Boerse (DB1.F) enlisted additional banks to support a potential $1 billion initial public offering of its ISS Stoxx governance data and analytics division in the second half, Bloomberg reported Wednesday, citing people familiar with the matter. Sources told the publication that the German stock exchange operator tapped Bank of America, Berenberg, BNP Paribas, Commerzbank, Goldman Sachs, Jefferies, and Societe Generale for junior roles to support Deutsche Bank, Morgan Stanley, and the UBS Group, which are spearheading the IPO in Frankfurt. Deutsche Boerse is still evaluating both a potential IPO for ISS Stoxx and the acquisition of General Atlantic's stake in the entity, Bloomberg wrote, citing an emailed statement from a spokesperson. The spokesperson added that the final decision is contingent on General Atlantic and broader market dynamics. Deutsche Boerse did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)