News In UK\US | Issa brothers eye £13bn US float; snubbing London
The Issa brothers plan to float their company, EG Group, in the U.S. with a valuation of £13 billion, snubbing the London Stock Exchange. This move highlights EG's focus on the U.S. market, which accounts for significant revenue. The decision reflects concerns about London's competitiveness for large listings. EG has improved its financial position by reducing debt, attracting potential investors for the 2025 listing