Biggest UK IPO In 5 Years, AI Valuation Fears, Padel’s $300M Bubble | Bloomberg Daybreak: Europe...
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Your morning briefing. All the news you need to start your day. On today's podcast: (1) Mobile payments firm Airtel Money is set to start trading on the London Stock Exchange later on Friday, a listing that may mark the largest initial public offering for the bourse in five years. (2) Revolut Chief Executive Officer Nik Storonsky said he wants the digital bank to hold a primary listing in the US, if it chooses to pursue a public offering in the future. (3) Firmus Grid abandoned its attempt at one of Australia’s biggest-ever initial public offerings, after the Nvidia -backed data center company failed to lure global investors who’ve grown increasingly skittish over frothy AI valuations. (4) European Commission finance chief Valdis Dombrovskis urged euro-area member states to observe budgetary restraint, pushing back against a proposal from Italy and Greece to introduce additional leeway. (5) President Donald Trump said in a social media post that the US would “not be attacking Ira
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