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waterstones

  • Shopping list: London Stock Exchange could welcome £20bn in retail floats within months

    Markets

    The London Stock Exchange is gearing up to welcome as much as £20bn in retailer listings amid hopes that the British high street could be key to reviving the capital’s ailing public markets. Three of the UK’s biggest retail brands – Primark, Boots and Waterstones – each appear to be in the advanced stages of [...]

    Burberry has cut its dividend after a plunge in sales.
  • Boots shapes up for potential London IPO 

    Retail

    The owners of Boots have hired advisors to get the high street chemist into shape ahead of a potential London floating which could come as soon as next year. Sycamore Partners, the private equity firm which owns Boots, have been in talks with advisers in recent weeks on the possibility of floating in the capital. [...]

    Boots remains one of the group’s best performing business lines, with a London float suggested as recently as last year. (Photo by Oli Scarff/Getty Images)
  • Uzbekistan national wealth fund confirms plan for London IPO

    Markets

    Uzbekistan’s national wealth fund has confirmed plans to plough ahead with a London IPO in what will be the country’s first ever public market debut. In an update to the stock exchange on Thursday, the National Investment Fund of the Republic of Uzbekistan (Uznif) announced it expected to float on both London and Tashkent stock [...]

    Rejistan architectural landmark in Uzbekistan, potential IPO discussed, showcasing cultural heritage and business growth
  • Waterstones to book chairman as London listing gains pace

    March 10, 2026

    Bookselling titan Waterstones is on the hunt for a chairman as it picks up the pace on its rumoured London listing.  Elliott Management, the activist equity firm which owns Waterstones, has hired headhunters at Russell Reynolds Associates to draw up a list of candidates to join the bookseller’s board. This is the latest signal that [...]

  • Waterstones books Rothschild as IPO plans ramp up

    January 7, 2026

    The owner of Waterstones is preparing to appoint Rothschild to advise its multibillion-pound flotation later this year, offering the clearest sign yet that London could turn the page on a dire run of form if it edges out New York for the listing. Elliott Management, which owns Waterstones and its US sister Barnes & Noble, [...]

  • The London IPOs to look out for in 2026

    December 26, 2025

    The year 2025 will not, it is safe to say, go down in history as a blockbuster one for London IPOs. Over its first nine months, the UK capital’s bourse was even languishing below its of Omani and Mexican counterparts when it came to capital raised at market debuts. We can take some consolation from [...]

  • Elliott turns the page on London’s IPO drought with Waterstones listing plan

    December 18, 2025

    Elliott Management is preparing a multibillion-pound flotation of Waterstones and Barnes & Noble, with a listing expected next year and London edging out New York as the preferred venue. The US hedge fund has reportedly begun sounding out advisers ahead of a potential IPO, with banks likely to be appointed in early 2026. While no [...]

  • Mark Kleinman: Reeves heads outside in hunt for new banking watchdog

    October 9, 2025

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Reeves heads outside in hunt for new banking watchdog File it under ‘Rachel Reeves’s headaches’. A search for Britain’s top banking regulator is about to get underway, and the word in Whitehall is that the chancellor [...]

  • Waterstones: Return to the office helps profit almost quadruple

    January 21, 2025

    The return of employees to offices in major UK city centres helped profit almost quadruple at Waterstones during its latest financial year. The bookseller cited the trend of the return to work as a key factor in its pre-tax profit surging from £11.2m to £42.9m in the 12 months to 27 April, 2024. In newly-filed [...]

  • Waterstones plans dozens more UK stores as it mulls possible London or US IPO

    January 6, 2025

    Waterstones boss James Daunt has said he plans to open dozens more bookshops this year in the UK, along with considering a potential flotation in London or New York. He told the Financial Times it would be “logical” to look at an initial public offering of a consolidated combination of Waterstones and Barnes & Noble [...]

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