Investors Not yet Ready to Take Plunge for Dyno-Rod

Summary


Investors planning to buy drain clearance-to-pest control firm Dyno-Rod have postponed a stock market flotation.

The investors, who are buying Dyno-Rod from founder Jim Zockoll, delayed yesterday's proposed Alternative Investment Market listing after failing to reach a deal with Mr Zockoll over his reported pounds 60 million asking price for the firm.

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Investors Not yet Ready to Take Plunge for Dyno-Rod

They had planned to raise pounds 47.5 million to...

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