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Revision as of 02:07, 21 January 2022 by Doug Williamson (Talk | contribs) (Classify page.)
A method of obtaining a listing on a stock exchange, without the issue of new shares.
Its availability is limited to companies whose shares are already held by a sufficiently wide base of shareholders, and which also meet all of the other criteria for a listing.
The facilitation of a engagement for services between an existing client and a new adviser, for example an auction house.