LONDON: Online greeting-card company Moonpig Group Plc and its shareholders raised £491mil (US$672mil) in a London listing, tapping investor demand for businesses that are benefiting from coronavirus-related lockdowns.
The sale of 140.3 million shares priced at 350 pence apiece, the top of an initial price range, and values Moonpig at about £1.2bil, the company said in a statement yesterday.
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