Brothel flotation

An Austrian businessmen is planning to float Europe's first ever brothel chain on the stock exchange.

Shareholders will get special discounts when they snap up shares in finance expert Dr Alexander Gerhardlinger's brothel chain GoldenTime.

Gerhardlinger is owner of the investment firm RB Immo.

The shares will be offered once the group's new brothels in Munich, Innsbruck and Nuremberg are opened, which will give him enough turnover for the stock exchange listing.

He said: "I have had top lawyers, tax experts and even big name football players get in touch about acquiring shares. They all want to remain anonymous but are convinced the listing will be a winner."

Investment banker Manuel Lorenz said: "Sex often brings enormous returns, there will be a lot of interest and this offering is sure to be a winner.

"A brothel share will of course be one that attracts a lot of interest in any case, and that will benefit sales."