PEI Staff

Boo.com yesterday called in accountants KPMG to liquidate the online clothes retailer.

Well Lloyds TSB Development Capital just might, following this week's exit from the Cyborg deal it signed only in January.

The retailing group had been considering a management buy-out.

The pan-European firm stays top of the European leveraged buy-out league.

XTL Pharmaceuticals will be the first Israeli biotechnology firm to list in London.

A record amount was raised from IPOs and secondary offerings in Europe in the first quarter, but the Wall Street Journal reports that investment bankers are increasingly downbeat about prospects in the months to come.