Loveholidays' London IPO Plans Gaining Momentum

Livingbridge, the owner of online travel agent Loveholidays, has chosen Barclays and JPMorgan to lead the company's potential IPO in London. The firm may seek a valuation of over £1 billion, but no final decisions have been made. A successful IPO would boost London's market for IPOs, which has been slow to recover from a deal drought.