It ain’t IPO-ver till the fat man sings: Companies prepare to brave London’s stormy flotation market October 30, 2016 A medical equipment maker, price comparison website and a kitchen products business are preparing to brave London’s flotation market this week amid stormy conditions. Despite numerous initial public offering (IPO) plans being pulled this month, Convatec is due to list on the London Stock Exchange (LSE) at 8am on Monday. It will mark the UK’s biggest float [...]
Appalachian-focused Diversified Gas & Oil targets $60m Aim listing in December November 8, 2016 Appalachian-focused US firm Diversified Gas & Oil (DGO) has announced its intention to float on the London Stock Exchange's junior market in December. DGO is seeking to raise around $60m (£48m) with its Aim placing, which it says offers investors exposure to "a sound, profitable dividend-paying play on the US energy market". Around half of [...]
London Stock Exchange to become brighter and smellier with two new floats this week October 17, 2016 The London Stock Exchange’s main market is this week set to become a little brighter, but also a bit smellier, thanks to two new floats. Luceco, an LED lighting and portable power manufacturer, and waste management company Biffa both confirmed this morning they plan to float on Thursday. Read more: Biffa set to float next week [...]
Private equity firms backed to capitalise on Brexit opportunities October 20, 2016 Private equity houses have been backed to capitalise on uncertainty over the UK’s Brexit vote with new investments. A Boston Consulting Group (BCG) report out today highlights a number of areas private equity (PE) should be focusing on after the EU referendum result. And one of the report’s authors, Antoon Schneider, a senior partner at [...]
Opinion: The Private Rented Sector needs to be vibrant and consistent enough to cater for a wide range of needs September 28, 2016 There are currently 4.5m privately rented households in the UK – a number which is expected to grow to 6m over the next few years. Popular perception paints this growing band of tenants as millennials finding it difficult to get onto the housing ladder in big cities. But Your Move’s latest research into UK tenants [...]
Another London Stock Exchange strike: Hollywood Bowl’s IPO is imminent September 15, 2016 Hollywood Bowl is set to price its initial public offering (IPO) on the London Stock Exchange as early as tomorrow, City A.M. understands. Hollywood Bowl first announced its intention to float, in a move that could raise £280m, shortly before the EU referendum in June, with admission onto the LSE expected in July. However, these plans were [...]
JJB boss flexes muscles to snap up Fitness First’s UK operations June 27, 2016 JJB Sports founder Dave Whelan is in talks to buy the British operations of gym chain Fitness First. The multi-millionaire business tycoon's DW Sports is set to fork out £70m for a takeover of the business, Sky News reported. Whelan, who also owns Wigan Athletic FC, has been in talks with Fitness First for over a [...]
Nick Jones interview: Soho House founder on The Ned, his new £200m project in the heart of the Square Mile February 18, 2017 As Nick Jones returns his teacup to its saucer, sits back and spreads his arms across the fluffy blue sofa, he looks uncommonly comfy. Of course he does. The founder of the world’s most famous chain of private members clubs, Soho House, is in his home from home, 76 Dean Street, one of 18 dotted [...]
Virgin Active is shredding for summer June 14, 2016 Gym operator Virgin Active is trimming the fat and selling 35 of its UK clubs to rival Nuffield Health as part of plans to refocus on its more exclusive locations. The deal is expected to complete this summer, with the clubs, their members and staff moving across to Nuffield. Virgin Active will have 61 clubs left [...]
New homes on sale this weekend at one of the tallest residential towers in Europe and a historic mansion in Hampstead September 30, 2016 South Quay Plaza, Canary Wharf From £695,000 The arrival of Crossrail trains at the latticed Foster + Partner-designed train station in Canary Wharf will be a “gamechanger” for the area, according to Berkeley Homes. That’s why the developer has chosen the business hub– and the station’s Sterling Prize winning architects – to create its tallest [...]