Another FTSE 100 firm falls to private equity. Where are the new listings? | Nils Pratley
You can’t complain Intertek’s £10bn takeover happened – the problem is the lack of arrivals in the other direction It would be a stretch to describe the £10bn-ish takeover of Intertek as a landmark event for the London stock market or the FTSE 100 index.This is not an Arm Holdings moment – the purchase of that Cambridge chip designer by Japan’s SoftBank in 2016 provoked long (and continuing) agonising over the lack of whizzy tech stocks on the London market. Continue reading...
Another FTSE 100 firm falls to private equity. Where are the new listings? | Nils Pratley
Overview
You can’t complain Intertek’s £10bn takeover happened – the problem is the lack of arrivals in the other direction
It would be a stretch to describe the £10bn-ish takeover of Intertek as a landmark event for the London stock market or the FTSE 100 index.
Details
This is not an Arm Holdings moment – the purchase of that Cambridge chip designer by Japan’s SoftBank in 2016 provoked long (and continuing) agonising over the lack of whizzy tech stocks on the London market.
Continue reading...Source
Originally published at www.theguardian.com.
