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New UK listing rules to woo state companies spark concerns

The move may lower the quality of firms on the UK stock exchange and leave shareholders with less protection

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Proposed changes to Britain's listing regime are likely to attract a series of state-backed companies to London's stock markets as governments in oil- rich states prepare for a wave of asset sales.

London

PROPOSED changes to Britain's listing regime are likely to attract a series of state-backed companies to London's stock markets as governments in oil- rich states prepare for a wave of asset sales.

However, some investors and corporate governance groups say Britain's move to

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