Monday, 25 January 2010

How flotations work...

"The great vampire squid, Goldman Sachs, has been appointed to handle [Betfair's] £1.5bn listing." SlackBelly, October 19, 2009.

"Speculation about a flotation comes up regularly. But we are not about to appoint an adviser." Mark Davies, managing director of Betfair, tells the Evening Standard, November 30, 2009.

"Betfair has selected two investment banks, Goldman Sachs and Morgan Stanley, to advise it on a £1.5 billion stock-market flotation." Sunday Times January 24, 2010.

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