London Bankers Scour Market for IPO Reboot After Shein Stalls
Summary by Bloomberg
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Shein's Derailed Listing Has UK Investors Looking at 'Notable IPOs'
With Shein’s IPO in limbo, U.K. investors are reportedly seeking a new hope. As Bloomberg News reported Sunday (May 11), the highly anticipated initial public offering (IPO) by Shein would have valued the fast-fashion retailer at up to $67 billion. It was also seen as a possible spark to relight IPO activity in the U.K. Then came the U.S. tariffs on Chinese goods, leading Shein to take a time out while it examines the effect of the new levies on…
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