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HRG resumes listing plan
Sunday, 06 Oct, 2006
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Hogg Robinson Group is going ahead with a Stock Exchange listing despite postponing the plan a week ago.
The price for sahres in the travel management company are due to be set on Monday.
The company had blamed adverse market conditions for pulling the planned £380 million flotation but is going ahead at a lower sahre price, the BBC reported.
HRG will reportedly look to raise around £180 million from the revided listing and use the funds to help reduce debt.
Report by Phil Davies
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