HRG resumes listing plan

Monday, 06 Oct, 2006 0

Hogg Robinson Group is going ahead with a Stock Exchange listing despite postponing the plan a week ago.

The price for sahres in the travel management company are due to be set on Monday.

The company had blamed adverse market conditions for pulling the planned £380 million flotation but is going ahead at a lower sahre price, the BBC reported.

HRG will reportedly look to raise around £180 million from the revided listing and use the funds to help reduce debt.

Report by Phil Davies 



 

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Phil Davies



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