BUSINESS

Betfair hires Morgan Stanley strategist

TAGs: Betfair, Morgan Stanley director Mark Brooker

Ready, steady, IPO

Ready, steady, IPO

Betfair have been very cagy over whether or not they are to float on the stock exchange but it seems they are edging ever closer to going public. “I think the investor base collectively would want us to make money available to them at some point and we have an obligation to do that,” said co-founder Andrew Wray recently and the hiring of Morgan Stanley director Mark Brooker as head of strategy, suggests that what the investor wants, the investor’s gonna get. Read more.

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