The British Digital Bank Shawbrook Takes the Leap into the Stock Market
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The British digital bank Shawbrook is planning its IPO on the London Stock Exchange. This move could invigorate the struggling financial market in London. The company, which specializes in loans for small and medium-sized enterprises, announced that it would be offering both new shares and stakes from its existing owners. The IPO is intended to optimally position the institution for its next growth phase and secure access to additional capital, according to a company statement. Aspiring growth objectives Shawbrook has ambitious plans: by 2030,...
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