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TELL ME THE STORY

机译:告诉我这个故事

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Fundraising through an IPO (initial public offering) listing provides the capital for companies to fulfil their growth aspirations. Businesses, therefore, need a convincing growth story for a successful listing. Stable stock markets are also a must, so that an acceptable flotation price can be struck. It is no surprise that UK IPOs have had something of a rough ride since the credit crunch. Last year was supposed to see the return of the IPO, but 2010 is more likely to be remembered as the year of 'mooted' IPOs and rights issues to play down debt. Flotations of UK high street fashion chain New Look, global travel sector business services firm Travelport and theme park operator Merlin Entertainment were among the flotations pulled last year. But IPOs with an international emerging market angle did manage to get away. Last year, £5bn was raised from 15 floats on the London Stock Exchange's Main Market (2009: £2m from two) and £881 m from 41 floats on AIM (2009: £390m from 11). The majority of these floats were of overseas companies.
机译:通过IPO(首次公开募股)上市筹集资金,为公司实现增长目标提供了资金。因此,企业需要令人信服的成长故事才能成功上市。稳定的股市也是必须的,这样才能达到可接受的浮动价格。自信贷紧缩以来,英国的IPO经历了一段艰难的旅程也就不足为奇了。去年应该会看到IPO的回归,但是2010年更可能被铭记为“有争议”的IPO和配股以减轻债务的一年。英国高街时尚连锁店New Look,全球旅游业商务服务公司Travelport和主题公园运营商Merlin Entertainment的上市活动,都是去年撤出的上市活动之一。但是具有国际新兴市场角度的IPO确实成功脱颖而出。去年,从伦敦证券交易所主要市场的15支股票中筹集了50亿英镑(2009:从两个股票中筹集200万英镑),在AIM的41个股票中筹集了8.81亿英镑(2009:从11个股票中筹集3.9亿英镑)。这些花车中的大多数是海外公司。

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    《Accountancy》 |2011年第1413期|p.98-99|共2页
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