Avast to come out with an IPO in May 2018

With a market capitalization of around $4 billion, Czech Republic headquartered Avast is aiming to a listing at the the London Stock Exchange in May 2018 where it expects to $200 million in primary proceeds. On Thursday, cyber security software firm Avast stated it plans on applying to the London Stock Exchange to list its…

LSE’s stalwart, Xavier Rolet, resigns as its CEO

Xavier Rolet who has been instrumental in turning the LSE into a diversified exchange group, has stepped down from the LSE as its CEO; its chairman Donald Brydon has opted to not stand for re-election. In a significant development, Xavier Rolet, the CEO of the London Stock Exchange has stepped down, with immediate effect; its…

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