(Reuters) -British money transfer group CAB Payments has sold up to 335 million pounds ($426 million) worth of shares in its initial public offering (IPO), the company said on Thursday, in a boost to London s capital markets.
Listings on the London Stock Exchange (LSE) plunged again during the first six months of the year as ministers battle to revive the City’s stock market.
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Some of Britain's top finance executives, fearful London is losing out to New York and rival European cities, are pressing the government to broaden an array of reforms aimed at attracting big-ticket corporate listings.
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