‘ Following the listing of Royal Mail and Merlin Entertainments last year , high profile names such as AO World , McColls and Just Eat followed suit in early 2014 , with Saga listing in May and TSB in June ’ institutional investors . Moreover , they replace the companies that fade , merge or get taken over .
Capita Asset Services ’ research shows that a proportion of companies disappear over time even from relatively recent new issues , with M & A ( merger and acquisition ) activity accounting for the vast majority of the attrition .
Our analysis of companies that that have undertaken an IPO in the last decade found that an average of 77 percent of firms are still listed on the London Stock Exchange .
Of the 23 percent that are no longer listed , around 18 percent have either been acquired or involved in a merger , with the remainder going into administration .
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