After a spate of de-listings and UK stalwarts ditching their home market choosing to list overseas, the London Stock Exchange has been in desperate need of a light at the end of the tunnel.
For the London Stock Exchange, the narrative has been all negative. Individual decisions by issuers to list on different exchanges have cemented an impression that London is unattractive, like the US IPO of Softbank-backed UK chip giant Arm or private equity giant CVC’s decision to float in Amsterdam, rather than what many would see as its natural home exchange.
