Moonpig confirms stock market flotation for up to £1.2bn

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Demand has surged for retailer’s personalised cards during the Covid-19 pandemic

Trading in Moonpig’s shares is expected to start in February.The online greeting card and gifts retailer Moonpig has confirmed plans for a £1.2bn float on the London Stock Exchange, afterAnnouncing new details of the planned initial public offering, Moonpig, which has been owned by the private equity firm Exponent since 2016, said it would float at least a quarter of the company.

 

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