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The latest update is out from TX Group AG ( (CH:TXGN) ).
SMG Swiss Marketplace Group, founded by TX Group along with Mobiliar, Ringier, and General Atlantic, has initiated the bookbuilding process for its planned IPO, setting an expected share price range of CHF 43.00 to CHF 46.00 and an estimated market capitalization between CHF 4.2 billion and CHF 4.5 billion. The IPO is anticipated to occur around September 19, 2025, with TX Group retaining its shares, which may enhance SMG’s market presence and financial strength.
More about TX Group AG
The TX Group is a network of platforms and holdings providing information, orientation, entertainment, and assistance for everyday life. It has roots in journalism through Tamedia newspapers and 20 Minuten media, complemented by the advertising marketer Goldbach. TX Group is an anchor shareholder of SMG Swiss Marketplace Group and JobCloud, holds majority stakes in Doodle and Zattoo, and invests in the fintech sector via TX Ventures. Founded in 1893, it has been listed on the Swiss stock exchange since 2000.
Average Trading Volume: 2,646
Current Market Cap: CHF2.03B
For an in-depth examination of TXGN stock, go to TipRanks’ Overview page.