No delays for Standard Life demutualisation - papers 26th May

According to the paper, the Edinburgh mutual - Europe's biggest - is expected to become Britain's largest new arrival on the market since telecoms firm Orange listed in 2001, when it seeks to raise £1.1bn in July. But the City has been rocked this week by news both CMC Markets, which provides spread-betting and foreign exchange services, and Sigma Capital Investments, the Black Sea property group, said although they remained committed to their IPOs they would wait until the markets were less volatile. The decisions were made 48 hours after investors were left licking their wounds in t...