Waterstones CEO hints at potential London stock market float

James Daunt, the CEO of Waterstones, expressed interest in a potential stock market listing in London. He believes the London stock exchange is appealing for retail businesses, highlighting Waterstones' steady growth and reliable performance. Waterstones has been owned by private equity firm Elliott since 2018. Daunt indicated that Elliott may consider selling its stake in the near future, as the company looks to capitalize on its success. Daunt's comments come amid challenges for the London stock market, which has seen a decline in listings. His remarks may provide encouragement to efforts aimed at revitalizing the exchange.