Moonpig Group Plc - Holding(s) in Company finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Advent International has acquired a stake in Planet from Eurazeo, in a deal valuing the company at €1.8bn., Buyouts, UK / Ireland, Financials, Exits, Advent International, Eurazeo, Ireland, Secondary buyout
About Moonpig Group Moonpig is a leading online greeting card and gifting platform, comprising the Moonpig brand in the UK and the Greetz brand in the Netherlands. In both markets, the Moonpig Group is the clear online market leader in cards.
The Moonpig Group s leading customer proposition includes an extensive range of cards, a curated range of gifts, personalisation features and next day delivery offering.
The Moonpig Group offers its products through its proprietary technology platforms and apps, which utilise unique data science capabilities designed by the Moonpig Group to optimise and personalise the customer experience and provide scalability.
Important Legal Information
Online greetings card firm Moonpig has made a robust start to life as a listed company as shares surged in its £1.2 billion stock market debut.
The group confirmed the price of its initial public offering at 350p a share – the top end of its range – but the stock surged by more than a quarter as conditional dealings kicked off, with shares opening as high as 450p.
Unconditional trading will begin on February 5.
Moonpig placed £491.2 million of shares on the market – around 41% of the group – raising gross proceeds of £20 million.
The firm – backed by Exponent Private Equity Partners, which owns a 41.3% stake – first revealed it was considering an initial public offering (IPO) in early January as it looks to expand and capitalise on the surge in demand for online cards and gifts amid the coronavirus pandemic.