Evening Washington
Wednesday, January 27, 2021
  • Africa
  • Asia
  • Europe
  • latest news
  • USA News
  • World
  • Other
    • TECH
    • Health
    • Fashion
    • Sports
    • Business
No Result
View All Result
  • Africa
  • Asia
  • Europe
  • latest news
  • USA News
  • World
  • Other
    • TECH
    • Health
    • Fashion
    • Sports
    • Business
No Result
View All Result
Evening Washington
No Result
View All Result
Home Business

Fuel retailer MRH GB pumps up £1.5bn float

admin by admin
November 12, 2017
in Business
0
Fuel retailer MRH GB pumps up £1.5bn float
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

US pushes ahead with new rules for Chinese firms

Elon Musk passes Bill Gates to become world’s second-richest person

One of Britain's largest petrol station operators has picked banks to steer a £1.5bn stock market listing next year even as investors project mixed signals about their appetite to back UK flotations.

Sky News understands that Lone Star Funds has hired bankers at Citi, JPMorgan and Numis Securities to oversee an initial public offering (IPO) of MRH GB, which trades from about 450 forecourts across the UK.

The flotation has been pencilled in for next year, although the exact timing and a final decision about whether to press ahead have yet to be taken.

MRH GB's sites are largely branded under the BP, Esso, Shell or Torq names, and include retail partners such as Costa, Greggs and Subway.

The company describes itself as the biggest independent fuel retailer in the UK, competing with the likes of EuroGarages and Motor Fuel Group.

Its plans have emerged during a period when investors have been showing greater equivocation about backing some of the companies attempting to list on the London Stock Exchange.

Bakkavor, an Icelandic-backed food producer, announced ten days ago that it was shelving its IPO plans, only to say on Friday that it was performing a u-turn by selling its shares at a lower-than-expected price.

Arqiva, the communications infrastructure provider, abandoned its own float altogether, while a number of other companies have decided to delay going public until the new year or pursue private sales instead.

Let's block ads! (Why?)

Original Article

Sky News

ShareTweetPin
admin

admin

Related Posts

US pushes ahead with new rules for Chinese firms

US pushes ahead with new rules for Chinese firms

by admin
December 3, 2020
0

The US House of Representatives has passed a law to kick Chinese companies off US stock exchanges if they do...

Elon Musk passes Bill Gates to become world’s second-richest person

Elon Musk passes Bill Gates to become world’s second-richest person

by admin
November 24, 2020
0

Tesla boss Elon Musk surpassed Bill Gates to become the world’s second-richest person as the electric-car maker continued its staggering...

Philippines to cancel Landing’s $1.5B casino project

by webadmin
November 6, 2020
0

When we get out of the glass bottle of our ego and when we escape like the squirrels in the...

Australian PM Pitches Digital Economic Recovery

by admin
October 21, 2020
0

Scott Morrison wants Australia to become one of the world’s leading digital economies within the next 10 years. The prime...

NBA: Los Angeles Clippers hire Tyronn Lue as new head coach

by admin
October 21, 2020
0

LOS ANGELES (AFP) – The Los Angeles Clippers announced Tuesday (Oct 20) that Tyronn Lue has been promoted from assistant...

Next Post
UCLA Frosh LiAngelo Ball Remains In China On Shoplifting Charges As Team Departs

UCLA Frosh LiAngelo Ball Remains In China On Shoplifting Charges As Team Departs

Members are getting ready to vote on Co-op's takeover bid for Nisa

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sport

Mets retaining Luis Rojas as manager

Mets retaining Luis Rojas as manager

November 24, 2020
Nets no longer focused on James Harden trade pursuit

Nets no longer focused on James Harden trade pursuit

November 24, 2020
  • 21.5M Fans
  • 79 Followers
  • 93.2k Subscribers
  • 657 Followers
  • 22.9k Followers

MOST VIEWED

  • ‘Amphan’ may bring first flood of year in Assam: CWC

    ‘Amphan’ may bring first flood of year in Assam: CWC

    0 shares
    Share 0 Tweet 0
  • Where to buy Bitcoin in the UK and how does it work

    0 shares
    Share 0 Tweet 0
  • Russia Scores Gold In Women’s Figure Skating, Leaving USA Ladies Without Medals

    0 shares
    Share 0 Tweet 0
  • All 3 Hadid Siblings Hit the Runway For Tommy Hilfiger and the F1-Inspired Collection Will Drive You Wild

    0 shares
    Share 0 Tweet 0
  • Playboy Model Marisa Papen Arrested For Dragging Cross In Front Of Vatican While Naked

    0 shares
    Share 0 Tweet 0

CATEGORY

  • Africa
  • Asia
  • Business
  • Europe
  • Fashion
  • Health
  • latest news
  • Sports
  • TECH
  • Uncategorized
  • USA News
  • World

SITE LINKS

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
  • Landing Page
  • All Features
  • Get JNews
  • Contact

© 2020 eveningwashington.com.

No Result
View All Result
  • Africa
  • Asia
  • Europe
  • latest news
  • USA News
  • World
  • Other
    • TECH
    • Health
    • Fashion
    • Sports
    • Business

© 2020 eveningwashington.com.