british travellers: Private equity owner KKR is targeting a total valuation for the business of up to 1.5 billion pounds, according to a banking source, according to The Independent. Political uncertainty around Britain's departure from the European Union sparked market turbulence in the first quarter of the year, with proceeds from European listings dipping to a 10-year low of 292 million. The independent rail and coach travel firm, which sells tickets via its website and mobile app, is looking to raise 75 million pounds 95 million through the issue of new shares. With Brexit delayed, things have improved over the past couple of months. Trainline, a familiar brand to British travellers, is looking to trade on the main market of the London Stock Exchange, using its premium listing segment, and sell 25 percent of new and existing shares. Middle Eastern payments companies Finablr and Network International started trading, while telecoms operator Airtel Africa is also considering a stock market flotation in London.
(news.financializer.com). As
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Tagged under british travellers, european union topics.