Buyer 'let down' fails to halt quickfire Annington return

An investor which pulled a large order for shares in Deutsche Annington last week did not revive its interest at this week's cut-price terms

Deutsche Annington's return to the IPO market after last week's withdrawal is thought to be one of the quickest revivals of a float in recent years – but its new cut-price offer was not enough to tempt one investor back to the deal.

The German residential landlord last week pulled a planned €1.1bn initial public offering over "persistent adverse market conditions". Financial News reported at the time one investor had cancelled a large order for the stock at the eleventh hour.

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