Adtech firm Tremor mulls ditching London listing to head for New York November 2, 2023 Advertising Technology company Tremor International is considering ditching its London listing, according to a report.
Stock exchanges need robust defences from repeated tech errors October 23, 2023 Did anyone else get a sense of déjà vu at the sudden outage on the London Stock Exchange (LSE) last week? From Euronext in 2021 and Nasdaq’s Nordic markets in 2022, to the New York Stock Exchange (NYSE) cancelling trades after “technical glitches” with its opening auction triggered wild price swings earlier this year, all [...]
Manchester United share price slumps after potential Ratcliffe minority stake bid October 16, 2023 Manchester United’s share price has slumped today with news of a potential minority investment from chemical company Ineos owner Sir Jim Ratcliffe. Shares on the New York Stock exchange opened at $18.22 but are hovering around 12 per cent lower, below $18 per share, as the likelihood of a majority takeover of the Manchester club [...]
Can Birkenstock’s Barbie boost kick the IPO market into life? October 11, 2023 Analysts hope Barbie favourite Birkenstock can help kick the IPO market into life as it floats on the New York Stock Exchange today.
Birkenstock prices US IPO at $46 per share October 11, 2023 Birkenstock has priced its U.S. initial public offering (IPO) at the middle of its indicated price range at $46 per share.
Raspberry Pi eyes £409m London IPO and says need for US float is ‘overblown’ October 8, 2023 Raspberry Pi, which makes beginner-friendly coding computers, is exploring a potential London float, which could see the company valued at over £409m.
London floats sink again – but analysts eye buoyant times ahead October 4, 2023 The amount of cash raised on the London Stock Exchange sank again over the past three months as the global IPO market remained hobbled by soaring inflation and roiled public markets.
Government’s London Stock Exchange boosterism is anti-competitive, claims rival boss October 4, 2023 The government’s drive to boost the appeal of the London Stock Exchange (LSE) has been slammed as anti-competitive by rival exchange Aquis, which claimed ministers have been unfairly promoting the LSE in their efforts to breathe life into the City’s IPO market this year. The London Stock Exchange’s main market and smaller Alternative Investment Market [...]
Ratcliffe contemplating minority Manchester United bid, reports October 2, 2023 British billionaire Sir Jim Ratcliffe is reportedly contemplating a new bid for Premier League club Manchester United that would see the Ineos chemicals company owner seek a minority 25 per cent stake in the Old Trafford outfit. Ratcliffe was seen to be in a two-horse race with Qatari Sheikh Jassim Bin Hamad Al Thani for [...]
Stocks and sandals: Birkenstock targets over $9bn valuation in US IPO October 2, 2023 Birkenstock said today that it is seeking a valuation of up to $9.2bn in its highly anticipated US initial public offering.