John Laing LSE IPO

Overview:

• John Laing has undertaken an IPO on the LSE.
• The infrastructure group's float priced the company at £715.5 million. The company had originally targeted a £1 billion market cap.
• The listing raised £130 million.
• HSBC and Barclays acted as underwriters.
• Fund manager Henderson is a key shareholder in the group.

Sam Duke - Editor