• EasyHotel falls short
Budget hotelier EasyHotel has raised GBP30m in a share listing  on London’s junior stock market. The fundraising is just half its target amount with the shortfall blamed on difficult market conditions, reports the Financial Times. 

Chief executive Simon Champion said the company had effectively raised 150% of its pre-IPO valuation. The London market is experiencing buyer fatigue, with several recent IPOs now trading below launch price.
Read the full story here:
http://www.ft.com/cms/s/0/0d81598c-fc31-11e3-86dc-00144feab7de.html
 
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