Boohoo completes £300m IPO

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By Andrew Griffin
07 Mar 2014

UK online clothes retailer Boohoo completed an IPO on London's AIM on Friday, valuing the firm at £560m. It is the second online retail IPO in the UK in the last month.

The firm sold 600m new shares at 50p each, putting around 56% of the company into free float. The rest of the firm is owned by the Kamani family, the company's founders, and its board.

Boohoo will use £240m of the proceeds to pay convertible loan notes held by ...

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