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The Economic Times
The Economic Times

Water purifier maker Kent RO delays IPO as Mideast war dents sentiment

Kent RO Systems has shelved plans to go public, its chairman told Reuters, as the Indian water-purifier maker becomes the latest company to delay its stock market debut with the Middle East conflict unsettling global markets and weakening sentiment.

The Iran conflict has fuelled concerns over prolonged hostilities and heightened ‌market volatility, slowing ⁠listings ⁠from Hong Kong to London.

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