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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 JPMorgan 100,398.91 396 8.28%
2 Citi 94,439.97 349 7.79%
3 Bank of America Merrill Lynch 81,085.67 306 6.69%
4 Barclays 78,659.06 283 6.49%
5 HSBC 65,130.98 315 5.37%

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2 Deutsche Bank 5,064.63 12 6.38%
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4 BNP Paribas 4,242.70 20 5.34%
5 Citi 3,664.95 10 4.62%

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3 JPMorgan 1,371.27 7 7.91%
4 Bank of America Merrill Lynch 1,345.53 6 7.76%
5 UBS 1,219.44 7 7.03%