SuperGroup in £125m flotation plan February 15, 2010 FASHION company SuperGroup is is set to launch a £125m stock market flotation. The move comes after a series of other companies, including fellow fashion retailer New Look, decided to shelve their planned initial public offerings (IPOs) last week. SuperGroup owns the Superdry brand sported by celebrities such as David Beckham and High School Musical [...]
LSE welcomes £900m flood of new floats March 24, 2010 FOUR separate companies raised a total of over £900m yesterday as they floated on the London Stock Exchange, the best day for listings in the City since May 2008. African Barrick Gold (ABG) raised £581m as it came to the market at 575p per share – the largest initial public offering on the LSE in [...]
Promethean set for £500m IPO despite investor fears February 15, 2010 EDUCATIONAL technology company Promethean will defy choppy markets to announce its intention to list on the stock exchange at a valuation of up to £500m this morning. The Blackburn-headquartered maker of electronic whiteboards for classrooms is likely to sell 50 per cent of its equity in the March flotation. Apax Partners, the private equity firm [...]
Supergroup will go ahead with float February 28, 2010 SUPERGROUP insists its flotation later this month will go ahead despite the torrid times experienced by other firms planning IPOs this year. The owner of Superdry and Cult Clothing brands will only achieve the lower end of its initial valuation, according to analysts, however. The company hopes to raise £125m through the offering, valuing the [...]