Upcoming London IPOs set to provide £30bn boost


A swathe of expected upcoming IPOs is set to add approximately £30bn to London’s stock indeces. Reports indicate that after a slowdown in IPO activity, confidence is returning to business to press the button on stock market listings including; O2, Logicor, Misys, TI Fluid Systems, BGL Group and Kuwait Energy:

London is set to benefit from up to £30bn of flotations in the coming months, with Logicor, O2, and Misys among a number of high-profile companies weighing up initial public offerings (IPOs) in the capital.After a rocky end to 2016, when several deals were pulled due to market uncertainty, 2017 saw a subdued start. But at least six companies, worth an estimated £30bn-plus combined, are at various stages of preparing stock market floats in London this year.

Source: Cityam

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