Company to float in March 2017
The Dow Jones fell to a five-month low last night, with traders having earlier been rattled by a four-hour long suspension of the New York Stock Exchange.
US hedge fund billionaire Marc Lasry is planning to launch a distressed debt-focused investment trust for the UK market in September, Investment Week understands.
Manchester United is set to float onto the New York Stock Exchange, seeking to raise $100m in an IPO.