Sweden's Klarna pauses US IPO plans as tariffs roil markets, sources say
Government
Swedish fintech Klarna has paused its plans for a U.S. initial public offering as President Donald Trump's sweeping tariffs rattle global markets, according to sources familiar with the situation. The decision would complicate an uneven recovery for the U.S. IPO market, as the company's listing was seen as a potential catalyst for encouraging others to follow. Klarna could reassess its plans if market conditions stabilize, the people said. While hopes of a recovery were high in 2025, some of
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