The AA's owners have reportedly been sounding out buyers over a possible �5bn sale or listing and the RAC is said to be targeting a similar valuation in a UK IPO....
Rachel Reeves announced a stamp duty holiday on UK initial public offerings (IPOs) in today’s Budget... “We welcome the Chancellor's decision to remove stamp duty on UK IPOs. However, this is not going to be a game-changer for investment into UK shares.
The UK market is trying to wake up, but the money supporting new listings is still thin, based on data from Bloomberg ... I want to see how the bank tax situation plays out.” UK managers cut check sizes as IPO demand shrinks.