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Cabot pulls London listing amid unfavourable market conditions

Goldman Sachs and Morgan Stanley were leading the deal, which the firm hoped would raise £195m

Cabot pulls London listing amid unfavourable market conditions

Debt management company Cabot has pulled its planned listing on the London Stock Exchange this month citing unfavourable market conditions.

The announcement follows similar moves by telecommunications firm Arqiva and food company Bakkavor earlier in November. Both said they were ditching London initial public offering plans because of unfavourable market conditions, although Bakkavor reversed its decision a week later.

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