Cobalt Holdings Plc., which purchased and held physical cobalt, terminated its UK IPO process. Previously, the company applied for a London IPO on May 12, which is expected to become the City of London's largest initial public offering of shares in two years.

Cobalt Holdings Plc., which purchased and held physical cobalt, terminated its UK IPO process. Previously, the company applied for a London IPO on May 12, which is expected to become the City of London's largest initial public offering of shares in two years.