United Internet's Ionos wants to start IPO process this month - source

BERLIN : United Internet subsidiary Ionos wants to begin the process for an initial public offering (IPO) this month, a financial source told Reuters on Friday.

A valuation of 5 billion euros ($5.42 billion) for Ionos is realistic, said a source.

Ionos declined to comment.

($1 = 0.9229 euros)