At the heart of the listing drought is a cultural lack of risk appetite
Another day, another complaint?
It can feel that way when you regularly study the utterings of London-listed bosses. Yesterday, though, came a less common refrain: from Andrew Carnie, whose Soho House is, ironically enough, listed on the other side of the pond.
His premise – that the state of the markets and disclosure requirements made it more appealing to be a private company than a public one right now – is heard over breakfast here, too.
Look at the reasons for being publicly listed, and........
© City A.M.
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