Andrew Collins and Paul Arathoon write for the Evening Standard on London as a listing destination after failed WE Soda IPO
The boss of WE Soda - a major producer of Soda Ash, which is used industrially to make a range of producs including certain types of glass and detergents - recently criicised the “commitment” of London and EU investors after the company abandoned its plans for a London IPO.
While many commentators were quick to agree, and began to similarly write off London as a venue for future floats, Andrew Collins and Paul Arathoon, Partners in our corporate team, argue in an opinion piece for the London Evening Standard that this is somewhat misguided.
In the artcle, they explain that any IPO is a confidential and complex corporate piece of work, and that it is hard to know what exactly went on behind the scenes. They indicate that there are all sorts of reasons why an IPO of this nature might be pulled - it is not necessarily proof that London is a poor destinationf or a business to list in.
Read the full article in the Evening Standard here.