A dash for the exit

Article Abstract:

An increasing number of public companies are going private. In the UK, the number of firms that have delisted from the stock exchange has increased from just four in 1996 to 27 in 1998. While this is a tiny portion of the total number of companies listed on the main London bourse, the trend toward delisting is expected to continue particularly among small businesses. The decision is encouraged by the unattractive share prices and the lack of interest from institutional investors. Institutions have been withdrawing from small companies because they cannot the justify the costs of monitoring small stocks which usually have low liquidity. Mergers and acquisitions between institutions have also been a factor in lessening the appeal of small stocks to institutional investors. As institutions grow bigger, they become less interested in smaller firms.

Securities and Commodity Exchanges, Security and commodity exchanges, Securities Exchanges, Evaluation, Exchanges, Small business, Securities, Going private (Securities)

---

Examine the options

Article Abstract:

There are many options open to UK firms considering listing on a European stockmarket. Pan-European developments include moves by eight European stock exchanges to form a single electronic trading platform for European blue chip stocks.

Planning, Europe, Financial markets, Going public (Securities), Initial public offerings

---

Judgment day

Article Abstract:

Issues concerning the consolidation of accounting firms are discussed. The plans of UK consolidators Jobtel and Tenon Group plc are examined and the reasons behind the trend towards acquisition and merger are explored.

Management, Mergers, acquisitions and divestments, Accounting firms, Accounting services, Jobtel, Tenon Group plc

Similar abstracts:

• Abstracts: Reach for the stars. Power to offend. Improving annual reports
• Abstracts: An alliance of the most profitable kind. Partnership benefits all. Partnership is a big hit
• Abstracts: Going full circle. Play the game. Auction man
• Abstracts: The architect of her own fate. Laugh? I nearly did. Whether 'tis Nobler in the mind

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.