Fieldfisher denies IPO rumour

The international firm was reportedly "poised" to list in the City and become the world's largest listed law firm

Fieldfisher denies IPO rumour

Fieldfisher has denied that it is planning to list in London.

The London-headquartered international firm was earlier reported to already be holding meetings in the City, “poised” for a market debut at a valuation of up to £800m.

“As a fast-growing and innovative firm, we are constantly considering a range of options and opportunities to help realise our strategic objectives and to stay ahead of the competition in our dynamic and ever-changing market,” Fieldfisher said. “We do not, however, have any plans to list the firm.”

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Fieldfisher recently reported a strong 24% increase in annual turnover, as the firm’s revenue grew to £207m for fiscal 2017. Profit per equity partner rose to £750,000, up 17% from 2016.

 

Related stories:
UK firm sets sights on £50 float
UK law firm becomes only the second to list on the LSE

 

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