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Ocado price cut highlights tough UK IPO market

Author: John Bakie
unquote | 21 Jul 2010 | secure
Ocado's stunted listing compounds UK's faltering IPO market

Difficulties in UK IPOs were highlighted today, with food delivery service Ocado forced to slash its IPO valuation. The traditionally strong UK listing market has struggled in 2010, while European rivals have seen a significant upturn in their own IPO success.

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