Reply to post: Re: £6Bn? Which dark orifice did they yank that number from?

Phone mast maker Arqiva: Oh, the £6bn float? Yeah, about that...

Anonymous Coward
Anonymous Coward

Re: £6Bn? Which dark orifice did they yank that number from?

The usual suspects names are in the frame:

"Arqiva, which is owned by Canada Pension Plan Investment Board and Macquarie, is Britain's largest owner of mobile, TV and radio towers and works with the likes of BBC, ITV, Channel 4, Channel 5.

The company had hoped to raise £1.5bn through the IPO and use the proceeds to pay down debt.

The deal would have given the group a market value of £4.5bn and £6bn including debt.

Goldman Sachs, HSBC and JPMorgan had been mandated to run and co-ordinate the deal, according to Reuters." from

http://www.dailymail.co.uk/money/markets/article-5046109/Arqiva-Bakkavor-pull-plug-listing-market-fears.html

Or if you'd like a more reliable source, try this:

"Rothschild is also advising Arqiva and HSBC, Goldman Sachs and JPMorgan Cazenove were managing its listing." from

https://www.reuters.com/article/us-arqiva-ipo/london-ipo-market-hit-as-arqiva-and-bakkavor-pull-floats-idUSKBN1D30I4

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