Mike Ashley-backed Scalextric and model train firm Hornby has revealed plans to go private, blaming regulatory hurdles and costs involved with a stock market listing. The Aim-listed group – which has ...

Model train set maker Hornby said on Thursday that it was planning to leave the AIM stock market and go private, citing regulatory hurdles and a desire to cut costs.

Hornby, a 124-year-old UK firm specializing in model trains, has announced its intent to delist shares from AIM.

Model train firm Hornby has revealed plans to go private (Danny Lawson/PA) Mike Ashley-backed Scalextric and model train firm Hornby has revealed plans to go private, blaming regulatory hurdles ...

It does not necessarily reflect the view of The Herald. Mike Ashley-backed Scalextric and model train firm Hornby has revealed plans to go private, blaming regulatory hurdles and costs involved ...