DNEG becomes latest victim of frosty IPO market
Hollywood special effects company DNEG has postponed its £225m IPO on the London Stock Exchange, blaming poor market conditions.
“DNEG has today decided to postpone its IPO due to ongoing market uncertainty,” said DNEG in a statement. “The company can confirm that it has received a strong level of interest from investors and therefore will be assessing when to recommence its IPO plans once market conditions improve.”...
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