Dyno-Rod flotation held up

Investors planning to buy drain clearance-to-pest control firm Dyno-Rod have postponed a stock market flotation of the business, it emerged today

Dyno-Rod flotation held up

Investors planning to buy drain clearance-to-pest control firm Dyno-Rod have postponed a stock market flotation of the business, it emerged today.

The investors, who are buying Dyno-Rod from founder Jim Zockoll, delayed today’s proposed Alternative Investment Market (AIM) listing after failing to reach a deal with Mr Zockoll over his reported £60m (€89.6m) asking price for the firm.

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