LSE no longer has Georgia on its mind

James Ashton
May 2012
Evening Standard;5/24/2012, p60
GEORGIAN Railway today postponed its London shares sale blaming market conditions. The float was meant to raise up to $250 million (�159 million) and value the company at $1 billion. It is the latest East European withdrawal from a London listing. All eyes will now be on Arsenal shareholder Alisher Usmanov's planned float of Megafon, which could be valued at $4 billion.


Related Articles

  • Bank Georgia obtains premium listing on LSE. Interfax // Russia & CIS Business & Financial Newswire;2/28/2012, p1 

    TBILISI. Feb 28 (Interfax) - Bank Georgia Holdings Plc (BGH), the holding company of Bank of Georgia, the largest commercial bank in Georgia, has obtained premium listing on the London Stock Exchange (LSE) and can trade its shares from February 28, the bank said in a press release.

  • Bank of Georgia Goes To London.  // Global Finance;Jun2012, Vol. 26 Issue 6, p54 

    The article reports that the Bank of Georgia has been taking a premium listing on the London Stock Exchange (LSE), making it shares attractive for pension funds and index trackers.

  • Listing for global exchange.  // Accountancy;Apr2001, Vol. 127 Issue 1292, p48 

    This article highlights the decision of London Stock Exchange (LSE) to seek full listing of the stocks as of April 2001. At present, dealings in LSE shares are through a market organised by Cazenove & Co. Nasdaq, the U.S. market that has been successful in listing growing companies, is in talks...

  • Satellite Capacity Sector Ignites Business Activity.  // Satellite News;8/14/2006, Vol. 28 Issue 31, p1 

    The article reports that EADS Space Services will acquire a 49 per cent stake in the London Satellite Exchange (LSE) to reinforce its usage of commercial capacity and be able to provide on-demand services with greatest flexibility. LSE Managing Director Dylan Browne said that an estimated 50 per...

  • London Exchange Joins Fast Bandwagon. SANDMAN, JOHN // Securities Industry News;3/2/2009, Vol. 21 Issue 5, p17 

    The article reports on the decision of the London Stock Exchange (LSE) to accept messages in the Fast, or FIX adapted for streaming, protocol. It details the features of the Fast platform. The efforts of the LSE to define longer-term strategy for its existing level-one and full-depth services...

  • Is All Quiet on the LSE Front or Not? Forman, Michael // Securities Industry News;4/29/2002, Vol. 14 Issue 17, p4 

    Reports the alleged alliance of London Stock Exchange (LSE) with Deutsche Borse, Euronext and Nasdaq in England. Reaction of LSE to the allegations; Failure of proposed merger of LSE with the Deutsche Borse; Unwillingness of LSE to speak on its future.

  • LSE Makes First Sale of Sets Order Book Platform. Clarke, Jeremy // Securities Industry News;04/09/2001, Vol. 13 Issue 15, p5 

    Informs that the London Stock Exchange (LSE) has sold its electronic trading order book system, Sets, to the JSE Securities Exchange South Africa. First time the LSE has sold its platform to another exchange; South African exchange's adoption of Sets as its electronic trading facility.

  • NYSE Is Looking to London.  // Traders Magazine;Feb2005, Vol. 18 Issue 235, p18 

    Reports that the Big Board, which is considering beginning its sessions earlier, wants to take some of the London Stock Exchange's (LSE) business. Report that the Big Board has no mention of buying the venerable British Exchange; Way the NYSE tries to tap into the business of LSE.

  • WHO WILL BUY THE LONDON BOURSE? Tomlinson, Richard // Fortune International (Europe);4/4/2005, Vol. 151 Issue 6, p16 

    Examines why merger mania has gripped Europe's three leading stock markets. Observation that each owns a franchise that its rivals covet; Failure of Deutsche B�rse in its bid for the London Stock Exchange (LSE); Question of why the LSE should be the target; Motives for the LSE to sell...

  • Untitled. Flinders, Karl // Computer Weekly;2/16/2010, p20 

    The article reports that Antoine Shagoury, chief information officer (CIO) of London Stock Exchange (LSE) mentions that LSE has the potential to be at the top of global exchanges. Shagoury states that the acquisition of MillenniumIT company by LSE was one of the main reasons for it to become a...


Read the Article

Other Topics