HSS Hire IPO: Share price revealed January 22, 2015 Tool and equipment hire company HSS Hire will list on the London Stock Exchange said today shares will be priced in the 210p-262p range when it IPOs later this month. The company announced plans to list on the London Stock Exchange earlier this month, with analysts putting its value at £103m. The money generated [...]
TheTrainline.com IPO derailed as KKR buys the business January 22, 2015 We've heard of leaves on the line causing cancellations, and the wrong kind of snow – but this is a new one. The IPO of train ticket website TheTrainline.com has been cancelled after buyout giant KKR bought the business, for an undisclosed sum. Earlier this month, TheTrainline confirmed plans to launch an IPO, saying it [...]
Hyperion Insurance Group IPO: Float is on back burner but boss says it will list in future January 19, 2015 Hyperion Insurance Group’s chief executive David Howden has reiterated his commitment to pursuing a stock market listing for the company, but admitted that it is not on the immediate agenda for the group. He made the comments after announcing the international insurance firm’s full year results for 2014, which saw revenue increase by 19 per [...]
John Laing confirms £130m London IPO January 19, 2015 Infrastructure investor John Laing has confirmed rumours it's planning to raise £130m through an initial public offering (IPO) on the London Stock Exchange (LSE). If the float takes place soon, the group, which is owned by fund manager Henderson, will be the subject of the first major stock market flotation on the LSE this year. [...]
Integrated Diagnostics Holdings IPO: Egypt’s IDH sets February target for London float January 13, 2015 Medical laboratory services firm Integrated Diagnostics Holdings (IDH) is aiming to list on the London Stock Exchange in February. The Egypt-based company, which is registered in Jersey and also operates in Jordan and Sudan, was formed out of the 2012 merger of Al Mokhtabar and Al Borg Laboratories. Its IPO will incorporate a sale [...]
HSS Hire IPO: Equipment rental company tools up for float with retail offer January 12, 2015 The equipment hire firm is banking on UK economic growth. Equipment rental company HSS Hire yesterday started the engine on a £103m float aimed at selling a quarter of the company’s stake and reducing its £200m debt pile. The listing, like that of the Trainline.com, announced last week, will include a retail offering to [...]
GrandVision IPO: Vision Express owner to list on Euronext January 12, 2015 GrandVision, the Dutch owner of UK glasses specialist Vision Express, announced yesterday it will list on the Euronext in Amsterdam. The initial public offering for the world’s largest optical retailer comprises a secondary offering of 20 to 25 per cent of shares belonging to GrandVision’s founding shareholder, HAL Optical Investments – a subsidiary of Dutch [...]
HSS Hire plans IPO of £103m on London Stock Exchange January 12, 2015 British tool and equipment hire company HSS Hire has announced its intention to list on the London Stock Exchange next month. An estimated £103m is expected to be raised through the sale of shares during the Initial Public Offering (IPO), although the company could be valued at up to £600m. Existing shareholders will [...]
TheTrainline.com IPO: Chief executive Clare Gilmartin is ready to test the markets January 8, 2015 Stock market flotations are very much at the glamorous end of business in the City. Relatively young firms are suddenly exposed to public markets, and gain huge recognition – not to mention financial rewards – for their hard work building the business. It is certainly an adventure for bosses and owners. Visits to investment banks [...]
TheTrainline.com IPO: Train ticket website steams ahead with £500m London flotation January 8, 2015 Train ticket website TheTrainline.com has confirmed plans to launch an initial public offering (IPO). In a statement to the stock market this morning, the private equity-backed site said it hopes to raise £75m, which would value it at around £500m. The company hired investment bank Morgan Stanley in July last year, in the wake of [...]