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Three companies annouce float plans

A trio of companies today announced plans to raise more than £400m through stock market flotations.

Blackburn-based educational ’whiteboards’ firm Promethean, youth fashion retailer SuperGroup and Yorkshire healthcare software business EMIS all confirmed fundraising plans this morning.

The moves show the appetite for smaller-scale launches remains despite several major flotations being pulled in recent days due to market turbulence - including fashion retailer New Look and Alton Towers group Merlin Entertainments.

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