French-owned Gefco Group is planning to sell a 40% stake in its business this year. Car manufacturer Groupe PSA, which owns Peugeot, currently holds a 25% stake in the group after selling a 75% share of the firm to Russian Railways in 2012. Last month Gefco Group presented IPO documents for approval to AMF, France’s financial authority, which revealed that Russian Railways is looking to reduce its stake to below 50%. They also show that PSA plans to reduce its […]
Volkswagen has completed an IPO for subsidiary Traton today (28 June), placing 57.5 million shares at a price of €27 (£24) each and raising £1.55bn.
Clipper Logistics Group is to begin trading fully on the London Stock Exchange on Wednesday 4 June.
DX Group said it has successfully raised approximately £200.5m through selling shares on AIM this morning, following a 3% increase in turnover for the first six months of its current financial year.