Private equity firm KKR’s Ł500 million offer sees Trainline drop planned flotation

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Private equity firm KKR’s Ł500 million offer sees Trainline drop planned flotation

22nd January 2015, 15:10:PM

Trainline.com has dramatically pulled its stock-market float, while plant-equipment group HSS Hire set a price range towards the lower end for its planned listing. Both companies were majority owned by private-equity group Exponent which today accepted a Ł500 million-plus bid for Trainline from rival KKR. That will come as a blow to investment banks Morgan […]

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Private equity firm KKR’s Ł500 million offer sees Trainline drop planned flotation

Private equity firm KKR’s Ł500 million offer sees Trainline drop planned flotation

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