OFT Concludes Its Market Study on Equity Underwriting and Associated Services

February 18, 2011
The UK Office of Fair Trading (“OFT”) has published its market study into equity underwriting and associated services, which considered the different types of follow-on share issues used by FTSE 350 listed companies to raise capital in the UK. This update looks at the OFT’s report on its market study, which sets out its findings as to how the market works, identifies key concerns and suggests options for achieving more cost effective outcomes.