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Retailer Moonpig to upsize London IPO by up to 30%

Retailer Moonpig Group will upsize its initial public offering (IPO) on the London Stock Exchange by up to 30% and…

By financial2020myday , in Stock Markets , at January 29, 2021

Retailer Moonpig Group will upsize its initial public offering (IPO) on the London Stock Exchange by up to 30% and price shares at the top end of a previously set range of 310 pence to 350 pence apiece, a bookrunner said on Friday.

The online greetings card retailer announced plans earlier this month for a 1.2 billion pounds ($1.64 billion) listing, joining a host of IPO seekers on the back of strong investor interest in UK equities.

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