The London Stock Exchange Group could launch initial public offerings for several major companies this year. LONDON: London will enjoy a very strong year for stock market flotations, analysts say, arguing that both Brexit and COVID-19 offer firms a unique opportunity to expand.
"Confidence continues to build with the Brexit deal now giving clarity around the future relationship with Europe and the rollout of COVID-19 vaccinations." "This means that there are now an increasing number of dynamic businesses at the stage and size of development that are ideal for an IPO. London thus hopes to steal a march on rival IPO destinations such as Frankfurt, Hong Kong and New York.
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