18 October 2017
Find out more

Dealogic set for May IPO

14 April 2004  |  1649 views  |  0 Dealogic set for May IPO

Capital markets technology and data vendor Dealogic is to list on London's Alternative Investment Market next month in a flotation that is expected to value the UK-based firm at £180 million.

The 21-year old company delivers software and communications services to investment banks across a wide range of activities, from origination to completion of capital markets transactions including marketing, bookbuilding, pricing and regulatory compliance. The company employs 300 people from offices in London, New York, Tokyo and Hong Kong, and claims some 600 customers.

Turnover for the year ended 31 December 2003 was $50.7 million with a profit before tax of $21.1 million.

Existing shareholders are expected to sell shares representing about 15% of Dealogic's market value at the IPO. The company says that it does not plan to raise any money from the flotation.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

MarketAxess prices shares at $16-$18 for forthcoming IPO

MarketAxess prices shares at $16-$18 for forthcoming IPO

02 April 2004  |  3863 views  |  0 comments
TNS debuts above upper price range in Nyse IPO

TNS debuts above upper price range in Nyse IPO

16 March 2004  |  2953 views  |  0 comments
Archipelago to raise $150 million in IPO

Archipelago to raise $150 million in IPO

03 March 2004  |  2951 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.capgemini.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15206 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8402 views comments | 16 tweets | 21 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7918 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7361 views comments | 13 tweets | 8 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6519 views comments | 8 tweets | 16 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job