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
Is Rachel Reeves about to force pension funds to back Britain? October 7, 2024 The prospect of Rachel Reeves forcing pension funds to back British stocks is being discussed as a more serious possibility, writes Charlie Conchie As the City grandees Nicholas Lyons and Peter Harrison gathered a room of executives for a workshop at the London Stock Exchange last month, a familiar gripe was on the agenda. The [...]
Online retailer Shein to hold roadshows soon ahead of London IPO October 4, 2024 Shein is set to hold informal investor meetings in the coming weeks for its planned London initial public offering (IPO), three sources with knowledge of the matter told Reuters, pushing ahead with preparations as it awaits UK regulatory approval. The China-founded online retailer plans to hold informal roadshows mainly across Europe, one of the sources [...]
Socialists won’t stop my bumper bonus, says Wizz Air boss October 3, 2024 Varadi is blunt at times and tough to decipher, but his backstory is undeniably impressive. The 59-year-old speaks to Morning Wire in Rome.
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 [...]
Peel Hunt warns of market slowdown ahead of UK Budget and US election October 1, 2024 City investment bank Peel Hunt has flagged a slowdown in UK capital markets activity as investors nervously await the results of the Budget and US election.
Applied Nutrition to bring in retail shareholders for £500m float September 29, 2024 Protein shake maker Applied Nutrition is set to include millions of retail shareholders in its planned £500m float as soon as this week. The sports nutrition brand is set to muscle its way onto the public markets in collaboration with Peel Hunt-backed Retailbook, according to reports from Sky News. Last month, the firm confirmed plans [...]
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 [...]
Which taxes will Labour hike in the October Budget? September 25, 2024 Kier Starmer has said that those with the "broadest shoulders should bear the heavier burden". So where will Starmer and Reeves turn to raise some extra cash?
Rightmove shuns ‘unattractive’ £6.1bn offer from REA September 25, 2024 Rightmove has rebuffed Australian property group REA’s £6.1bn takeover bid, saying it still undervalues the company. On Monday, Rupert Murdoch-owned REA sweetened its offer for the British property portal, just days after it had raised it for the second time to £5.9bn. Rightmove said today its board unanimously rejected the bid on Tuesday. It considered the [...]