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4h agoPrinces Group’s London IPO raises £420 million but opens flat
Princes Group PLC listed on the London Stock Exchange with a £1.16 billion valuation after raising £420 million in its IPO. Shares opened near issue price of 475p and slipped 1% by mid-session, reflecting subdued investor sentiment toward UK consumer IPOs. The food and packaged goods firm plans to use proceeds for European acquisitions and operational upgrades. Analysts said the debut underscores continued caution in London listings despite government reforms aimed at revitalizing primary markets post-Brexit.
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4h agoPrinces Group’s London IPO raises £420 million but opens flat
Princes Group PLC listed on the London Stock Exchange with a £1.16 billion valuation after raising £420 million in its IPO. Shares opened near issue price of 475p and slipped 1% by mid-session, reflecting subdued investor sentiment toward UK consumer IPOs. The food and packaged goods firm plans to use proceeds for European acquisitions and operational upgrades. Analysts said the debut underscores continued caution in London listings despite government reforms aimed at revitalizing primary markets post-Brexit.
Explore:Mutual Fund Themes
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Princes Group’s London IPO raises £420 million but opens flat
about 5 hours ago
1 min read
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Princes Group’s £420M IPO in London debuted flat, highlighting subdued sentiment in UK equity listings.
Princes Group PLC listed on the London Stock Exchange with a £1.16 billion valuation after raising £420 million in its IPO. Shares opened near issue price of 475p and slipped 1% by mid-session, reflecting subdued investor sentiment toward UK consumer IPOs. The food and packaged goods firm plans to use proceeds for European acquisitions and operational upgrades. Analysts said the debut underscores continued caution in London listings despite government reforms aimed at revitalizing primary markets post-Brexit.
Princes Group PLC listed on the London Stock Exchange with a £1.16 billion valuation after raising £420 million in its IPO. Shares opened near issue price of 475p and slipped 1% by mid-session, reflecting subdued investor sentiment toward UK consumer IPOs. The food and packaged goods firm plans to use proceeds for European acquisitions and operational upgrades. Analysts said the debut underscores continued caution in London listings despite government reforms aimed at revitalizing primary markets post-Brexit.
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Oct 31, 2025 • 22:24 IST