EO and more-IPO to offer combined German/UK platform
07 November 2000 | 2246 views | 0
EO, the UK-based online share distribution platform for retail investors, has entered an alliance with Germany's more-IPO, to provide German and UK investors with joint access to European new equity issues.
The first new issue to be offered under the agreement will be the Deutsche Post World Net IPO.
Through their combined networks, the two companies claim they can reach a potential audience of over 10 million online users in Germany and the UK and 16 million online users across Europe.
Shares in Deutsche Post will be available to UK investors at eo.net and to German retail subscribers at more-ipo.de/Post. Deutsche Post World Net is listing its shares on the Frankfurt Stock Exchange.
John St.John, CEO of EO comments: "Germany has the largest market of active online retail investors in Europe and this gives EO a strong link into this important market."
EO recently unveiled a similar agreement with EuropeOffering in France. St. John says the company is committed to establishing further European partnerships in the near future.