Thetrainline.com announces plan for £500m flotation

Thetrainline.com announces plan for £500m flotation
UK’s biggest online rail ticket site aims to raise £75m with initial public offering next month

Rail booking website thetrainline.com is planning to float on the London Stock Exchange with a potential valuation of £500m.

The company, the UK’s biggest online rail ticket site, has previously toyed with the idea of a sale but now aims to raise £75m with an initial public offering next month.

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Source: Guardian Transport

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