Betfair IPO announced

News, chat and debate about the Betfair betting exchange.
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danum
Posts: 237
Joined: Sat Apr 25, 2009 11:57 am

Just got into work to find that the Betfair IPO has been announced, timing is interesting given all the uncertainty surrounding the regulatory environment.
Last edited by danum on Tue Sep 21, 2010 9:13 am, edited 1 time in total.
danum
Posts: 237
Joined: Sat Apr 25, 2009 11:57 am

Details are limited at the moment but according to Bloomberg the Betfair CEO sees actual listing by end October with approx 40% free float after IPO, they will not be issuing new shares as part of offer.
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