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Branson gets just £125m for 25% of Virign Mobile as investors doubt virtual network

  • 23 Jul 2004

Richard Branson brought his Virgin Group back to the UK stock market this week after a 16 year absence, but failed to set the market alight.

The IPO of the group?s Virgin Mobile unit emerged on Tuesday at a mere £125m, at the bottom of ...

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1 Citi 183,205.15 716 7.96%
2 JPMorgan 174,363.35 764 7.57%
3 Bank of America Merrill Lynch 167,651.81 559 7.28%
4 Barclays 145,168.12 508 6.30%
5 HSBC 127,738.13 591 5.55%

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1 JPMorgan 28,912.55 42 8.65%
2 Citi 19,639.79 51 5.88%
3 SG Corporate & Investment Banking 18,198.32 63 5.45%
4 Credit Agricole CIB 17,193.43 72 5.15%
5 BNP Paribas 16,639.66 78 4.98%

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1 Goldman Sachs 8,528.32 38 9.32%
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3 Citi 6,773.14 38 7.40%
4 UBS 5,926.29 19 6.48%
5 Deutsche Bank 4,787.10 31 5.23%