Time Out to raise $130 million in London listing

Time Out Group Plc, the media company that started as a London culture and entertainment magazine, said on Thursday it expects to raise 90 million pounds ($130 mln) in its initial public offering on London's junior stock market. The company's shares are due to start trading on Tuesday, just ahead of Britain's June 23 referendum on whether to stay in the European Union, although the company said it did not expect to be affected by investor uncertainty about the vote. "We were born here in London