BUSINESS

Betfair has £1.5 billion reasons to go public

TAGs: Betfair, initial public offering

Betfair-Going-PublicAfter flirting with the notion of going public back in 2005, betting exchange Betfair will reportedly float an IPO for real this fall that could be worth as much as £1.5 billion. Principal stakeholders in the company, which was launched back in 1999 at the height of the dot-com boom, include co-founders Ed Wray and Andrew Black, Japanese bank Softbank and private equity firm Balderton Capital. Read more.

Comments

views and opinions expressed are those of the author and do not necessarily reflect those of CalvinAyre.com