London Stock Exchange Listings to be quicker in 2011?
By: Ainsley Brown
Listing on the London Stock Exchange (LSE) could become a much quicker process in 2011 if several of the leading investment banks in the UK follow through with their plans.
It currently takes five weeks generally to go from a company announcing its intention to list to it being placed on the LSE – the banks want to reduce this to about two weeks. The banks are looking to complete their share price valuations in this much shorter timeframe in order to soothe investor jitters.
If I were a betting man, I would bet on the investment banks moving and moving very precipitously in early 2011 to make the listing process much shorter.
