The Indian film producer and distributor, Eros International, has opted to delay its listing in the US, sending its stock price sharply downward.
The firm blames equity market conditions for its decision.
Eros had hoped to de-list from AIM simultaneously to listing on Wall Street but now says, for the time being, it will stay on the London Stock Exchange.
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The market was not impressed, by 10:22 the stock had lost 12.4%.
BS
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