Skrill pulls London IPO

Comments (0) | 13 Apr 2011 | Rating | Print by Tim Human

Shelved flotation is latest blow to London’s listing market, following failure of Edwards Group’s listing last week

Skrill, the digital payments operator, yesterday postponed its initial public offering on the London Stock Exchange (LSE), blaming ‘adverse IPO market conditions’.

The company, which runs the Moneybookers’ payments service, had announced back in February its intention to raise £160 mn ($260 mn).

‘The Skrill management team remains convinced of ...

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