New Look Axes Plan to Float On Stock Exchange

The HeraldFebruary 12, 2010

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Summary


HIGH Street chain New Look, the purveyor of keenly priced, fashionable clothes, has become the third company in three days to ditch plans to float on the London Stock exchange.

Merlin Entertainments, which owns Madame Tussauds and the London Eye, and the hotel bookings firm Travelport also shelved their plans for Initial Public Offerings this week.

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Extract


New Look Axes Plan to Float On Stock Exchange

While New Look's move yesterday was not a complete abandonment of its flotation, it remains at best a postponement - ...

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