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Explainers

What the terms mean, how the numbers are built and how to read a financial claim, written for a reader who is searching.

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Explainers

How does an IPO work? A plain-English guide to going public

An initial public offering is how a private company sells its shares to the public for the first time. Here is how the process actually works, from the confidential filing to the opening trade, and what each step means if you are thinking of buying in.