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'Buffettology' investment trust pulls London IPO

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An investment trust following the principles of veteran U.S. investor Warren Buffett said on Monday it had decided not to proceed with an initial public offering in London.

In a statement the Buffettology Smaller Companies Investment Trust said that “overall demand” had not been sufficient to secure the minimum proceeds it had proposed to raise.Reporting by Rachel Armstrong; editing by Simon Jessop.

In a statement the Buffettology Smaller Companies Investment Trust said that “overall demand” had not been sufficient to secure the minimum proceeds it had proposed to raise.Reporting by Rachel Armstrong; editing by Simon Jessop
 

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