London Tunnels moves IPO plan to Amsterdam in blow to UK markets
by Jack Simpson from on (#6NQXP)
Proposed tourist attraction hopes to bring 2m visitors a year to abandoned wartime network
London Tunnels, which aims to convert an abandoned underground network into a tourist attraction, has ditched plans to float in the capital, instead opting to list in Amsterdam.
The company aims to make the Kingsway exchange tunnels, a network of 8,000 sq metres under Holborn in central London, into a new attraction that will bring in 2 million visitors a year.
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