Hot IPO or catch a cold?

Investment Week | 16 May 2011

The recent announcement that secretive global commodities, mining and production group Glencore International AG is considering a huge IPO via the London Stock Exchange has had a predictable result – my inbox has been flooded with offers of meetings with research analysts from the nine investment banks involved in the deal, with the implicit threat that not showing any interest may result in a poor allocation when the shares are listed.

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