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Stock impact report

UPDATE 1-Voyager Air shelves $200 mln London IPO [Reuters (UK)]

SWISS RE LTD S/ADR (SSREY) 
Company Research Source: Reuters
Voyager Air shelves $200 million London IPO - Reuters 2 Min Read (Reuters) - Voyager Air Limited ( IPO-VOY.L ) on Thursday put off its plans for an initial public offering on the London Stock Exchange, citing “unfavorable market conditions”. The company had said last month that it planned to raise up to $200 million through a listing on the London Stock Exchange to support its new aircraft leasing business. “The company is grateful for the support it has received from institutions in recent weeks and intends to reactivate the IPO at a later date,” it said. Political uncertainty around Britain’s departure from the European Union and a slowdown in the euro zone economy have spurred more turbulence in stock markets in recent months and discouraged investment flows. European share listings hit their lowest in seven years in the first half of the year, with just $10.1 billion raised, a 57% slide compared from a year earlier. Last week, Reinsurance group Swiss Re ( SRENH.S ) suspended p Show less Read more
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