Investors positive about 2015 IPOs despite oil price and election uncertainties January 26, 2015 The oil price drop, the upcoming election and the woes of 2014 floats have not dampened institutional investors, with more than three quarters expecting stable or increased listings in 2015. A survey from accountancy firm BDO found institutional investors, investing in UK equities with a combined $10 trillion (£6.6 trillion) under management, found that 76 [...]
Jimmy Choo’s a shoe-in with post-IPO revenue rise January 23, 2015 Jimmy Choo net revenue rose 12 per cent to £299m in the year to December, marking a positive start to its London Stock Exchange listing. Foreign exchange fluctuations had some effect on the numbers however with revenue climbing 6.2 per cent on a constant currency basis. The firm said Asia and Japan continued to deliver [...]
TheTrainline.com’s new KKR deal postpones debut for IPOs – Inside Track January 22, 2015 KKR’s decision to buy up TheTrainline.com robs the financial markets in London of their first opportunity to test the new issues market in 2015. Last year was a mixed one for flotations, with London seeing more business than since the financial crash. But there were still doubts about the market’s robustness. Though new issues as [...]
HSS Hire IPO: Share price revealed January 22, 2015 Tool and equipment hire company HSS Hire will list on the London Stock Exchange said today shares will be priced in the 210p-262p range when it IPOs later this month. The company announced plans to list on the London Stock Exchange earlier this month, with analysts putting its value at £103m. The money generated [...]
TheTrainline.com IPO derailed as KKR buys the business January 22, 2015 We've heard of leaves on the line causing cancellations, and the wrong kind of snow – but this is a new one. The IPO of train ticket website TheTrainline.com has been cancelled after buyout giant KKR bought the business, for an undisclosed sum. Earlier this month, TheTrainline confirmed plans to launch an IPO, saying it [...]
Hyperion Insurance Group IPO: Float is on back burner but boss says it will list in future January 19, 2015 Hyperion Insurance Group’s chief executive David Howden has reiterated his commitment to pursuing a stock market listing for the company, but admitted that it is not on the immediate agenda for the group. He made the comments after announcing the international insurance firm’s full year results for 2014, which saw revenue increase by 19 per [...]
John Laing confirms £130m London IPO January 19, 2015 Infrastructure investor John Laing has confirmed rumours it's planning to raise £130m through an initial public offering (IPO) on the London Stock Exchange (LSE). If the float takes place soon, the group, which is owned by fund manager Henderson, will be the subject of the first major stock market flotation on the LSE this year. [...]
Integrated Diagnostics Holdings IPO: Egypt’s IDH sets February target for London float January 13, 2015 Medical laboratory services firm Integrated Diagnostics Holdings (IDH) is aiming to list on the London Stock Exchange in February. The Egypt-based company, which is registered in Jersey and also operates in Jordan and Sudan, was formed out of the 2012 merger of Al Mokhtabar and Al Borg Laboratories. Its IPO will incorporate a sale [...]
HSS Hire IPO: Equipment rental company tools up for float with retail offer January 12, 2015 The equipment hire firm is banking on UK economic growth. Equipment rental company HSS Hire yesterday started the engine on a £103m float aimed at selling a quarter of the company’s stake and reducing its £200m debt pile. The listing, like that of the Trainline.com, announced last week, will include a retail offering to [...]
GrandVision IPO: Vision Express owner to list on Euronext January 12, 2015 GrandVision, the Dutch owner of UK glasses specialist Vision Express, announced yesterday it will list on the Euronext in Amsterdam. The initial public offering for the world’s largest optical retailer comprises a secondary offering of 20 to 25 per cent of shares belonging to GrandVision’s founding shareholder, HAL Optical Investments – a subsidiary of Dutch [...]
