Travelport Scraps $1.7 Billion London I.P.O.
Travelport Scraps $1.7 Billion London I.P.O.
Travelport , the private equity-backed airline ticketing firm, called off its $1.78 billion London listing on Wednesday, citing poor market conditions, the latest in a slew of failed initial public offerings across Europe.
Read more on New York Times
Categories: credit meld Tags: $1.7, Billion, I.P.O., London, Scraps, Travelport
London galleries bank on rush for Russian art
London galleries bank on rush for Russian art
London’s auction houses have long been attuned to billionaire tycoons from the former Soviet bloc snapping up art and spurring a boom in prices, at least until the credit crunch struck.
Read more on Reuters via Yahoo! News