Branson 'could pull Virgin Mobile flotation'

Richard Branson is unlikely to go ahead with plans to float Virgin Mobile on the stock market unless he gets the right price, it was reported today.

Branson 'could pull Virgin Mobile flotation'
Sun, 18 Jul, 2004 - 15:48

Richard Branson is unlikely to go ahead with plans to float Virgin Mobile on the stock market unless he gets the right price, it was reported today.

It is understood that the entrepreneur could pull the flotation if the shares are not priced within the proposed range of 235p to 285p.

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