The London Stock Exchange's crisis is only getting worse
It would be a long stretch to call Spirent Communications a household name.
Indeed, outside the City and the world of telecoms few people are likely to have heard of it. Yet the Crawley-headquartered group is a rare global British success story in its particular field — testing 5G networks.
The business, founded just before the Second World War by an enterprising London ledger clerk called Jack Bowthorpe, floated on the London stock market in 1955. Its shares have been traded here ever since, giving investors the chance to buy into a key technology. But not for much longer.
This week Arizona-based Viavi representing a premium of more than 60 per cent to its moribund share price of 108.4p before the bid.
