Magnum only scoops €8bn valuation on stock market debut Retail Unilever’s demerged Magnum Ice Cream Company netted a €7.8bn (£6.8bn) valuation on its stock market debut, heavily undershooting early analyst expectations at an initial public offering overshadowed by a long-running spat with the founders of Ben & Jerry’s. Shares in the ice cream group, which also owns the Cornetto and Wall’s brands, opened 60 cents [...]
The authentic side of Amsterdam, with amazing restaurants, hipster bars and outdoor swimming Life&Style In 2008, I was a 23-year-old uni student on an Erasmus programme in Amsterdam. I know what you’re thinking and yes, I may have held a few herbal cigarettes, stumbled around the red light district and generally been that Brit abroad. My recollections of those 12 months are somewhat fuzzy. What I have never forgotten, [...]
Visma to snub Amsterdam for London IPO in rare win for Britain’s stalling market Tech Norwegian software giant Visma has provisionally selected London over Amsterdam for its upcoming IPO, a rare win for the UK’s shrinking public markets as the country battles to remain a viable home for high-growth tech listings. The €19bn firm – backed by British private equity firm Hg – has chosen the capital because of its [...]
Eurostar to launch direct services from London to Frankfurt and Geneva June 10, 2025 Eurostar has announced plans to launch direct services from London to Germany and Switzerland for the first time. The cross-channel operator is looking to purchase 50 new trains at a cost of £1.7bn to service the routes, which are expected to run from the “early 2030s”. Journey times are expected to last around five hours [...]
Amsterdam city break: Where to stay and what to do March 7, 2025 Amsterdam is about to have its moment. This year marks the Dutch capital’s 750th birthday, with a year of celebratory events scheduled, while Eurostar has just restarted its fast direct London-Amsterdam service following the completion of a new terminal in Amsterdam, making it easier and quicker than ever to reach the Dutch capital. Where to [...]
Six Nations owner CVC targets £13bn valuation in Amsterdam IPO April 22, 2024 Six Nations owner CVC is targeting a value of up to £13bn (€15bn) when it launches a much delayed float in Amsterdam this week, the firm announced today.