July 24, 2014

DFS’s £1bn IPO gains momentum as bankers appointed

An expected IPO for furniture retailer DFS has gained momentum, with Sky News reporting that its private equity bankers has already drafted in bankers at UBS to help advise on an expected listing.

Sources at Sky News indicate that DFS could be in line for a £1bn market capitalization upon listing, should its flotation plans come to fruition.



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