Investment Banking

UK IPO market shakes off pre-election blues

Birmingham-based Gateley set to become first UK legal firm to float as IPO market looks set to return to normal after a quiet period in the run-up to May 7

IPO bankers are gearing up for a busy period in the UK market following last week's surprise Tory election win, with commercial law firm Gateley one of the first to announce a float after a dry spell in the run-up to May 7.

The Birmingham-based law firm, which would be the first legal firm to list in the UK, announced plans Tuesday to float on London's Alternative Investment Market.

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