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Behnazzz Posted 20 years ago
Vocabulary

share flotation

he is considering raising millions of dollars by a share flotation on the London stock market.

Hi

What is the meaning of the share flotation,please?

ThanksEmotion: smile
  

Top answer

Flotation : the process of changing a private company into a public company by issuing shares and soliciting the public to purchase them.

  • Flotation : the process of changing a private company into a public company by issuing shares and soliciting the public to purchase them.
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2 Answers
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Flotation: the process of changing a private company into a public company by issuing shares and soliciting the public to purchase them.
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yes ^^, basically let the public/market move/float the shares to the level they want ...

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