Online fashion retailer Shein is set to file for an initial public offering in London as soon as this week.
Shein is set to file for an initial public offering in London as soon as this week that could value the company at about £50-billion , according to a person familiar with the matter.
Shein’s offering could become one of the UK’s biggest-ever IPOs, clawing back a chunk of the market value London has lost from companies shifting their primary listings to New York. The London Stock Exchange also has largely missed out on this year’s revival of European IPOs.
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