AJ Bell IPO: A potential bright spot in asset management industry gloom
AJ Bell IPO – The asset manager is seeking a market capitalisation of between £626m and £675m as it prepares its Initial Public Offering (IPO). The company will join the stock market on 12 December, five days after it sets the final price (which will be based on investor demand). Analysts hadn’t expected the group to set such a high price target for its shares (between 154p and 166p) and had previously been forecasting…
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