Flotation Firms Drop

Daily MailApril 15, 2008

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Summary


THE number of companies seeking stock market flotations fell sharply in the first quarter of 2008 as the credit crunch dented corporate confidence, according to research from accountants Ernst & Young.

A record 83 companies abandoned flotation plans in the first quarter of 2008, while 24 companies postponed their listings.

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Flotation Firms Drop

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