Paulson-linked IPO delayed
In the aftermath of the Goldman Sachs fraud charges, Propel Capital said it was delaying the Canadian IPO of its Propel Multi-Strategy Fund – until recently called the Propel Paulson Diversified Fund. Propel says it’s just a delay, but there is no indication when the offering might be resurrected. Westlaw Business Currents, a Thomson Reuters product, looks at the issues.
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