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.