Three ways to restore confidence in UK public markets March 3, 2025 To reignite confidence in our public markets, we need domestic reforms that increase liquidity, foster investor confidence, and provide more avenues for capital flow, says Alastair King As Lord Mayor I have the privilege of traveling the world promoting London as a global financial powerhouse. Liberalised trade opens doors for stronger partnerships, smoother business, and [...]
Market depth will be key to IPO choice, Monument boss says February 27, 2025 Ian Rand, the former Barclays executive and boss of Monument Bank, spoke to City AM about the bank’s criteria in choosing where to list. Monument spiked the City’s speculation following reports it was looking to go public in the US by 2027 – in what would be another huge blow to the London market. The [...]
Shein profit slumps as Temu gains ahead of London IPO February 23, 2025 Shein’s net profit fell by almost 40 per cent in 2024, raising doubts about its long planned London stock market listing. Shein’s profits dropped by more than a third last year, adding to the fast fashion group’s challenges ahead of a long-planned flotation that would be one of the biggest on the London stock exchange [...]
Shein: Discounted valuation would give IPO a ‘better chance of going ahead’ February 17, 2025 Fast-fashion giant Shein is under investor pressure to slash its valuation by two thirds from its all time high should it go ahead with its long-awaited float on the London Stock Exchange later this year, according to a report. Shen was valued at $66bn (£52bn) in a funding round in 2023 and as high as [...]
Shein set to slash target valuation for London Stock Exchange float February 7, 2025 Fast fashion giant Shein is poised to slash the target valuation for its planned float in London as it grapples with new trade barriers in the US and growing political concerns in the UK, according to reports. The Chinese founded retailer, which is expected to list in London later this year, is set to be [...]
CurrentBody: Owner of beauty tech firm used by Kim Kardashian and Serena Williams eyes £350m London Stock Exchange float February 4, 2025 The group behind beauty technology company CurrentBody is eyeing a float on the London Stock Exchange which could be worth £350m. The Beauty Tech Group has lined up Berenberg to lead the business through an initial public offering (IPO), according to a report first published by Sky News. The group is headquartered in Manchester and [...]
Ferrari Group picks Amsterdam for $1bn float in fresh snub to London Stock Exchange January 27, 2025 Ferrari Group, which specialises in shipping luxury goods across the globe, has announced plans for a $1bn float in Amsterdam in another blow to the London Stock Exchange. The London-headquartered company has confirmed its intention to launch an initial public offering (IPO) on Euronext Amsterdam. Ferrari Group was founded in Italy in 1959 and has international operations [...]
EG Group: From a Bury service station to a $13bn IPO January 14, 2025 EG Group is set to end 24 years as a private company with a $13bn float on the New York Stock Exchange, according to reports. Co-founder of EG Group and current non-executive, Zuber Issa, told the Sunday Times that “the road map is starting now” on an IPO, with the float expected to complete this [...]
Lloyd’s of London insurer snubs the City with New York IPO plans January 6, 2025 A Lloyd’s of London insurer has dealt a fresh blow to the City by snubbing the London Stock Exchange in favour of New York for its planned IPO, piling fresh pressure on the capital’s bourse after it shrank at the fastest pace on record last year. Aspen Insurance, an underwriting firm which operates out of [...]
A turbulent year for London’s markets… in four graphs December 19, 2024 “There’s always light at the end of the tunnel,” said one London Stock Exchange executive in March, just after two more firms announced they were heading for the exit. “Don’t lose your head amongst all the doom-mongering.” It is a mantra that London’s bourse has had to hold onto over the past 12 months as [...]