19th Jan 2015 06:37
LONDON (Alliance News) - Infrastructure investor John Laing is expected to announce plans to return to the public markets on Monday in a flotation which could see the company valued at up to GBP1 billion, the Daily Telegraph reported on Saturday.
The IPO will help to back John Laing's international expansion plans and would mark the first major flotation of the year so far.
Two John Laing funds already are listed on the London Stock Exchange: John Laing Infrastructure Fund Ltd and John Laing Environmental Assets Group Ltd.
http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/11352801/John-Laing-to-announce-IPO.html
By Sam Unsted; [email protected]; @SamUAtAlliance
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