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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
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.
PHOTO: REUTERS
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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