HBX Group International PLC (Ticker: TBA) is a UK-based company operating in the e-commerce/services industry, specifically in internet-based travel technology. The company owns Hotelbeds, a major player in the travel technology sector.

HBX Group International PLC is expected to start trading on the Spanish stock market on February 13, 2025.The firm is selling shares at the price range of EUR 10.50-12.50 (USD $10.81-12.87). The expected Market Capitalization at offer is up to EUR 3.03 billion (USD $3.12 billion). The total offer size is EUR 725.00 million (USD $746.53 million). The offering is managed by BNP Paribas, Barclays, Citi, Deutsche Bank, and UBS. Investor demand has reportedly covered all shares offered, including the greenshoe option. The IPO is set to be the largest in Europe so far this year.