....Spotify declined to comment. A direct listing would save the music service the underwriting fees needed to launch an initial public offering (IPO
), and would avoid diluting the value of existing stakes in the company. ...
[Read full article on BBC
Friday 7th of April 2017 01:55:50 AM
.... There is too much hot money chasing returns that look fundamentally fragile. “This is our first capital raising since our IPO
,” says Steve Caunce, chief executive of AO World, the online retailer of electrical goods. ...
[Read full article on Guardian
Thursday 30th of March 2017 06:38:10 PM