Misys set for Britain's biggest float of 2016

Misys set for Britain's biggest float of 2016

A UK company that supplies software to some of the world's largest banks is returning to the stock market in the biggest float of the year so far.
Misys is expecting to list its shares in London in November in a flotation that could value the company at £5.5bn.
The business hopes to raise £500m to pay down debt and for investment.
Its chief executive, Nadeem Syed, dismissed suggestions that now was a risky time to list its shares following Britain's vote to leave the EU.
Brexit could have a big impact on London's standing as a major important financial centres as well as banks' appetite for... read more

6 October 2016 in Business, Views: 53
Source: BBC

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