Moonpig looking at £1bn stock market listing

Online greeting cards business Moonpig looking at £1bn stock market listing

Moonpig is looking at a £1billion stock market listing. 

The online greeting cards business is expected to reveal more about a potential stock market flotation as early as next week and it will be the first significant listing of the year. 

Plans: Moonpig has been owned by Exponent Private Equity since 2016

Plans: Moonpig has been owned by Exponent Private Equity since 2016

Moonpig has been owned by Exponent Private Equity since 2016 as part of a deal to buy parent company Photobox, which makes personalised photo gifts. 

Chairman Kate Swann will oversee the listing, first reported by the Times, and is expected to use her influence transforming WH Smith where she instilled heavy cost-cutting measures. 

source: dailymail.co.uk

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