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Evening Standard
Evening Standard
Business
Simon Hunt

WE Soda abandons IPO as it blames ‘extreme investor caution in London’

The UK’s stock market suffered a huge blow today after We Soda, the world’s largest producer of natural soda ash, aborted plans for a listing that was meant to revive the fortunes of the London Stock Exchange.

The decision comes just days after the IPO was first announced, and will reawaken questions about the City’s desirability as a place for global companies to list their shares.

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