Dentons preparing to float on AIM

According to documents seen by Professional Adviser, the company is seeking access to equity funding in order to make acquisitions, enhance the profile of the business and promote its brand, and help attract, retain, reward and incentivise staff. The iniitial public offering (IPO), which could see Dentons listed on AIM by the middle of March, would take the form of a partial sale by the company's founders worth some £5m. The existing shareholders would sell down their stake in proportion to their pre-IPO holdings in order to create a free float of approximatley 25% of institutional in...