Business information > Business articles > Magazines > Marketing magazines > New Media Age > November 2003

Personal finance site given six months to float on stock market.(Brief Article)

Article from: New Media Age | November 20, 2003 | Copyright

MoneySupermarket, the personal finance site, has been told it needs to float within the next six months if it wants to launch itself on the stock market.

If the company goes ahead with the flotation then it could mark a return to the days of instant dot-com millionaires.

CEO Simon Nixon owns 51% of the parent company, MoneySupermarket.com Financial Group, and would stand to gain a fortune with any IPO, after the firm's bankers valued it at up to 400m [pounds sterling].

The company, which is expecting to have a …

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