Trainline files for London IPO, targets £1.5bn valuation

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By Aidan Gregory
22 May 2019

Trainline, the UK transport booking website, is preparing to launch an IPO on the London Stock Exchange. The deal is expected to value the company at around £1.5bn, according to a source close to matter.

JP Morgan, Morgan Stanley and KKR Capital Markets are global coordinators, Barclays and Numis Securities are bookrunners.

Trainline laid out its listing plans in documentation filed with the London Stock Exchange. The IPO will include a primary tranche and a sale of shares held by US ...

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