Summary
THE turbulence in the market has exacted a toll from Standard Life.
To the surprise of no one, the Edinburgh giant has cut the price range for its July float by around 9pc to 210p-270p, in line with the recent falls in the Footsie and the European insurance sector.See the full content of this document
Extract
A Cut-Price Standard Issue
The final price, assuming there are no catastrophes leading to the float being shelved, will be set next month, but the grey market is putting it at the lower end of the range, between 210p and 225p.
The siz...See the full content of this document
Sponsored links
