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Morgan Stanley to buy Augean for £315 million
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Investegate |Morgan Stanley Infr Announcements | Morgan Stanley Infr: Recommended Offer for Augean Plc
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Link shareholders still waiting for value
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Lacklustre debut for PEXA’s $3b IPO after operational glitch
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It was the biggest initial public offering since 2018, but PEXA made a lacklustre debut on the ASX with its high listing price blamed as much as an embarrassing operational glitch on the eve of its float.
The online property conveyancer’s shares opened at $16.68 on Thursday morning, more than 2 per cent below their IPO price, and dropped further to trade as low as $16.40 before staging a late recovery. They finished their first trading day at $17.15, 2 cents above the listing price.
Lightpath Announces Entrance Into Queens, NYC Market With New Network Builds
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