Lehman gets Infobank away, struggles with Oxford Glyco

13 Apr 2000

LEHMAN Brothers closed the £130m equity fundraising for UK based business-to-business e-commerce software company Infobank twice covered amid tricky market conditions for internet related stocks.

"Technology stocks have been in a downward spiral ever since launch," said a banker. "The sector and comparables have performed horribly."

The ...

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