Re: Iglobalmedia IPO
Theyr are using Dresdner as their advisors, as investec have just pulled out due to conficts in the US.
There is talk of the IPO being woth $10 Billion, but in saying that, I'm not convinced it is going to be easy, they are having a lot of problems. The US banks just won't touch them with a barge pole. Tradal who owns Empire will float first for about $1 billion, this will happen in the next fee weeks
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