Image:
interactive investor's IPO is set to be worth up to £2bn
Online retail investment platform interactive investor is set for a London flotation at a valuation of up to £2bn, according to reports.
Sky News reported on Thursday (19 August) that the UK-based fund supermarket has been in meetings with investment banks ahead of an initial public offering (IPO). With more than 400,000 customers and £55bn in AuA, ii is second only to Hargreaves Lansdown by size in the UK market. interactive investor review of Syncona sparks debate about its original placement ii has made a number of acquisitions over the past few years. In 2019, it completed the £40m purchase of Alliance Trust Saving's adviser and D2C platform business. It brought together the two largest fixed-price retail inve...
To continue reading this article...
Join Investment Week
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
