Good News Keeps Rolling In For The British
First, they got to keep their country intact. Now, their IPO market is heating up. Will the good times ever stop?*
Three U.K. initial public offerings announced in two days herald the revival of the country's listings market after a summer lull….
The first half of 2014 witnessed a miniboom in U.K. IPOs with 84 companies raising £15.5 billion ($25.36 billion), according to data from the London Stock Exchange. But the flow reduced to 25 companies raising £1.89 billion in July and August. In recent weeks, the market ground to a halt, partly because of uncertainty ahead of last week's referendum on Scottish independence.
Possible Revival Seen in U.K. IPO Market After Summer Lull [WSJ]
*Yes.