'Wrong Numbers' Under Scrutiny As Branson Plans Virgin Mobile Float ; Cityfinance
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Summary
SIR Richard Branson is mulling a Pounds 1bn stock market float of his Virgin Mobile phones business this summer.
A lot of personal credibility is at stake for Britain's bestknown billionaire. If he does float Virgin Mobile, it will be his first company to be publicly listed on the London market since he took Virgin Group private in 1988.See the full content of this document
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'Wrong Numbers' Under Scrutiny As Branson Plans Virgin Mobile Float ; Cityfinance
Is this Branson's greatest wheeze yet or will the City hang up on the deal?
A float would mean that the mobile business will come under a harsher spotlight. Virgin Mobile does not have its own network, which is a bit like setting up in the grocery business without any shops.Instea...See the full content of this document
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