Marex Spectron cancels London float over
Marex Spectron cancels London float over "challenging IPO market" Wed, 9th Jun 2021 16:05 (Alliance News) - Marex Spectron PLC on Wednesday said it has cancelled its London flotation because of challenging conditions in the IPO market, following reports that Elcogen Ltd also postponed its offering. "Despite broad investor interest from high quality institutions in the Marex business and prospects, the company has decided not to proceed with the IPO at this time due to more challenging IPO market conditions," Marex said in a statement. The London-based commodities broker had been due to go p...
Source: lse.co.uk