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Man spun off the brokerage in July 2007 by means of a flotation in the US, but retained an 18.5% stake, worth around $130m at current prices.
Chinese e-commerce giant Alibaba has announced plans for a flotation in the US, saying the move will make it "a more global company".
Chinese e-commerce giant Alibaba has announced plans for a flotation in the US, hoping the move will raise its global profile.
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But the blue-blooded British stockbroker, which ministers to the needs of many of the country's biggest companies, still plans a stockmarket listing, despite previously abandoning a flotation in January.Playing the fieldHamley's withdrew its support for a £52.2m ($86.9m) bid from Baugur, the group behind Iceland, a leading frozen-food retailer.
It comes hot on the heels of a flotation in April of its Kraft foods division which makes Maxwell House coffee, cheese slices and Toblerone chocolates.
After a flotation in July 1999, its shares rose from $15 to a high of $240.
Online retailer The Hut Group is targeting a potential flotation in the spring after completing the latest in a series of acquisitions last week.
Another £80m could be received on a possible flotation in the next five years.
But now Citizens is finally being dispatched via a stock flotation in the US, both sides of the alleged quarrel could claim some vindication.
The company is now preparing for a stockmarket flotation in the next few months.Google's power makes it just the sort of company that Microsoft typically tries to squash.
But after a partial flotation in the next couple of years, some 60% of Eurazeo, the merged holding company, will be owned by Rue Impériale and Crédit Agricole, and it will in turn own 15% of Lazard's banking arm.There is a bigger question, though, that has not been answered by the recent shuffling.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com