Failure to launch: five famous flotations that flopped
Denis O’Brien’s decision to pull the flotation of his telecoms group may have come as a shock to many. But it’s not the first high-profile flotation to founder
Denis O’Brien’s decision to pull the flotation of his telecoms group, Digicel, may have come as a shock to many observers. But it’s not the first high-profile flotation to founder. Here are five others famous flotations that flopped:
Eircom pulled the plug on a planned €3 billion stock market listing in September last year, just a week after filing an updated flotation prospectus with the Central Bank.
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