Canal+ IPO offers hope for troubled London Stock Exchange Markets French media giant Canal+ will list on the London Stock Exchange this morning in an early Christmas present for a bourse battered by a string of exits this year.
London Stock Exchange suffers biggest exodus in 15 years as former boss sounds alarm Markets The former head of the London Stock Exchange Group has warned its flagship bourse has become "deeply uncompetitive" amid its biggest exodus since the financial crisis.
A requiem for UK equity capital markets Opinion London’s storied status as a global financial powerhouse is slipping away, and with every IPO that doesn’t materialise or company that decamps to the US, it becomes clearer that the City is in its death throes, says Owen Matthews As a former mid-cap ECM investment banker, I’ve watched with despair as the lights dim on [...]
Lloyd’s of London insurer Canopius favours IPO in private equity exit December 12, 2024 The private equity owners of Canopius plan to list the Lloyd’s of London insurer on the UK stock market next year, City AM has learned. A consortium led by US investor Centerbridge Partners is leaning towards an IPO rather than sale as part of its review into exit options for Canopius, according to a person [...]
Crystal Palace owner raises $40m ahead of planned IPO November 27, 2024 Portuguese investment fund UCEA Capital Partners has made the initial investment as part of a $100m financing round ahead of a planned $2bn float early next year.
Buy-now pay-later giant Klarna files for IPO in the US November 13, 2024 Buy-now pay-later (BNPL) giant Klarna has filed for an initial public offering (IPO) in the US, formally starting proceedings for a blockbuster stock market debut. The Swedish fintech company confidentially submitted the relevant paperwork to the Securities and Exchange Commission (SEC), it said last night. Klarna added that the number of shares to be offered [...]
Shein parks tanks on Boohoo’s lawn as UK sales pass £1.5bn ahead of IPO October 8, 2024 UK sales at Shein, the Chinese-founded online retailer on track for a bumper IPO on the London Stock Exchange, passed £1.5bn last year, the company has revealed. The division generated a revenue of £1.55bn for 2023, up from the £1.12bn it achieved in 2022. Shein also posted an annual profit of £18.7m, a significant rise [...]
Applied Nutrition confirms plans to list this month October 7, 2024 It will be targeted at institutional investors in the UK as well as retail investors through the Retail Book platform. Following its IPO, the firm is targeting a free float of at least 25 per cent
London Stock Exchange raid accelerates as buyers pounce on FTSE 350 firms October 2, 2024 The London Stock Exchange could be gutted of nearly £100bn worth of companies after a record number of large listed firms fell into the sights of private buyers this year. Corporates and private equity firms have now launched some £47bn worth of offers for London-listed companies in the year to date, including 19 FTSE 350 [...]
Primark owner-backed food chain eyes £300m listing September 26, 2024 One of the world’s oldest commodity traders, backed by Primark owner Associated British Foods (ABF), is plotting a £300m float on the London Stock Exchange. Czarnikow, which ships a variety of foodstuffs, has begun meeting with groups of institutional investors with a goal of floating in the next few months, Sky News reported. The group [...]