London IPO activity smashes new records as it already outpaced whole of 2020 October 6, 2021 London has retained its dominance as the most attractive European IPO venue by funds raised in the third quarter, continuing the deal momentum witnessed in the previous two quarters and reaching new record highs. Both the main market and Alternative Investment Market (AIM) have built on the resurgence of activity seen in the last two [...]
Going for gold (and copper): Great Southern Copper plots £3.5m London IPO October 4, 2021 Copper-gold exploration company Great Southern Copper (GSC) has told City AM it is targeting a listing on London’s main market in the coming weeks, as it capitalises on copper’s central role in the growing electric vehicle (EV) market. GSC, which focuses on tier-one assets in the largest copper producer in the world, Chile, is seeking [...]
Oxford Nanopore soars on London debut, touching £5bn September 30, 2021 Shares in genome sequencing company Oxford Nanopore rocketed as much as 45 per cent this morning after its IPO, in the best-ever London market debut for a company of its size. Oxford Nanopore shares were trading at 619p per share at market open, pushing its market cap up to £4.93bn – significantly higher than the [...]
UK’s Tortilla Mexican food chain valued at £70m as it prices shares ahead of IPO September 30, 2021 Mexican fast food chain Tortilla has been valued at £70m after pricing its shares in the region of expectations ahead of its debut on London’s Aim market. Tortilla priced its shares at 181 pence per share, less than a week after it announced its intention to float on the London stock exchange. The restaurant brand [...]
Forward Partners’ portfolio value swells in maiden results September 29, 2021 Early stage venture capital firm Forward Partners today reported a jump in its portfolio value in the first half of the year, in the first results since its listing on London’s Aim market in July. Ventures portfolio value increased by £22m to £108m in the six months to 30 June, including £3.5m new investments during [...]
Goldman’s Petershill Partners slides after £4bn London IPO September 28, 2021 Shares in Goldman Sach’s Petershill Partners fell today after the alternative asset manager made its debut on the London Stock Exchange with a market capitalisation of £4bn. Petershill Partners, which owns minority stakes in 19 private equity, venture capital and hedge funds with a combined $187m of assets under management, sold £1.2bn of stock as [...]
Wise launches cross-currency investment feature for UK customers September 21, 2021 British fintech giant Wise has entered the retail investing space with its new feature “Assets”, which allows UK account holders to invest in stocks across 54 currencies. As of today, individuals and businesses holding Wise accounts will be able to hold their money as stocks and use Assets to invest in BlackRock’s iShares World Equity [...]
Mishcon de Reya announces new merger ahead of IPO September 21, 2021 Law firm Mishcon de Reya has agreed a merger with life sciences specialist Taylor Vinters after recently confirming its plans to go public on the London Stock Exchange (LSE). The deal will result in a new legal and consultancy business, named MDR Taylor Vinters, which will be led by Taylor Vinters’ management team. Mishcon said [...]
Payment giant Eurowag moves ahead with £170m London IPO September 20, 2021 Eurowag, a pan-European payments & mobility platform, has announced that it will float on the London Stock Exchange (LSE). The company, which focuses on the commercial road transportation sector, hopes to raise €200m (£171m) from the move, to fund its expansion plans. The payments platform company will, it said, target “certain institutional investors”. Eurowag also [...]
THG targets separate IPO for beauty business September 16, 2021 UK e-commerce company THG said this morning it will spin off its beauty division in a separate listing in 2022, and is also considering stock market listings for its other main ecommerce business, as well as its technology and logistics divisions. A stock market listing comes after THG Beauty – which counts brands such as [...]