Burberry IPO faces competition in UK market

The flotation of Burberry, the luxury goods brand, by GUS, the UK retail and business services group, will face intense competition in the initial public offering market this June.

Morgan Stanley and Merrill Lynch are leading the Burberry offer.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire