Hedge Fund News From HedgeCo.Net


NewRiver revives suspended IPO at fraction of value

Reuters – Opportunistic property investment firm NewRiver Retail said on Monday it would list in September with a capitalisation of 25 million pounds, two months after suspending a planned 250 million pounds float.

NewRiver expects its shares to be admitted to London’s Alternative Investment Market on September 1, it said in a statement. The shares would also be admitted to the Channel Islands Stock Exchange.


Read Complete Article

Related Posts Plugin for WordPress, Blogger...

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in Syndicated and tagged , , , , , , , . Bookmark the permalink.

Comments are closed.