Monday April 14, 07:12 AM
NYSE Euronext seeks to attract Chinese, Indian, Russian IPOs
LONDON (Thomson Financial) - NYSE Euronext has launched a 'fast path' campaign to persuade Chinese, Indian and Russian companies planning initial public offerings in the US to list partially in Europe as well.
In a challenge
to the London Stock Exchange (LSE: LSE.L - news) 's success in drawing big foreign IPOs, Catherine Kinney, head of global listings for NYSE Euronext, was quoted as telling the Financial Times: 'We're giving people an alternative to London.
'London has enjoyed a - quote - monopoly and we intend to focus on things to our advantage.'
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