Mould hopes for $400 million in U.K. IPO

10/15/2007 | Wall Street Journal, The

U.K. real estate entrepreneur Raymond Mould is launching a closed-ended investment company called London & Stamford Property Ltd. Mould and partners Patrick Vaughan and Humphrey Price are hoping to raise upwards of $400 million through an IPO and plan to take advantage of what they see as a declining U.K. real estate sector.

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