Travelport IPO resurrection gaining momentum, New York replaces London
Travelport ditched its IPO on the London Stock,and the listing will be switched to the more stable New York financial centre of Wall Street.
Way back in February 2010, just ten days after Travelport ditched its IPO on the London Stock Exchange, finance folk in the US quickly predicted a return to the idea later in the year.
It now seems such gazing into the money crystal ball did indeed have a degree of reality to it with news emerging today that Travelport is reconsidering its position on the markets.
The Financial Times report [registration required] today also mirrors the earlier predictions that the listing on the London Stock Exchange will be switched to the more stable New York financial centre of Wall Street.