Spanish bakery firm Europastry SA halted its planned initial public offering, citing the impact of the international geopolitical situation on markets.Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationFrom Cleveland to Chicago,

Spanish bakery firm Europastry SA is weighing whether to reduce the size of its planned initial public offering, according to people familiar with the matter.

From humble beginnings in a village near Barcelona, the Gallés family has created a baking behemoth with a global reach.

Bakery firm Europastry SA announced plans for an initial public offering in Spain almost three months after market volatility halted an earlier attempt to go public.

Spanish stock market regulator CNMV has approved Barcelona-based frozen bakery producer Europastry's prospectus for its upcoming IPO.