Tech boss built money transfer giant and is ready to float Wise

Smart money: Kristo Kaarmann could become a billionaire from a float At first glance, Kristo Kaarmann looks like a typical tech entrepreneur. He is sitting in his spare room in Hackney, wearing a sweater emblazoned with his company’s new name: Wise.  The original brand – Transferwise – was ditched last month because Kaarmann, chief executive, … Read more

Ready meal couple cook up £80m float with Parsley Box

Couple set for a massive payday when their food delivery business aimed at over-60s floats with valuation of £80m By Daily Mail City & Finance Reporter Published: 21:52 GMT, 5 March 2021 | Updated: 21:52 GMT, 5 March 2021 A couple are set for a massive payday when their food delivery business aimed at the … Read more

Boost to the City as Deliveroo unveils £7bn blockbuster London float

Deliveroo unveils £7bn blockbuster London float: Boost to City as food delivery giant chooses Britain over New York, Asia or Europe By Matt Oliver For The Daily Mail Published: 21:50 GMT, 4 March 2021 | Updated: 21:50 GMT, 4 March 2021 Deliveroo has fired the starting gun on a blockbuster £7billionn stock market float in … Read more

ALEX BRUMMER: Deliveroo float is a great win for the City

We don’t associate government initiatives on the City with speed, as anyone who has followed the audit reform saga would testify. So it is terrific to see Deliveroo unveil its intention to float in London just hours after Rishi Sunak’s budget. The report by Lord Hill on bringing tech-based initial public offerings to the London … Read more

Private members’ clubs chain Soho House eyes £2bn New York float 

A-list private members’ clubs chain Soho House eyes £2bn New York stock market float By Daily Mail City & Finance Reporter Published: 21:52 GMT, 25 February 2021 | Updated: 21:52 GMT, 25 February 2021 The Soho House chain of private members’ clubs is set to join the stock market in New York with a valuation … Read more

Tiny ‘flying disks’ powered by LIGHT float and hover in place

Tiny ‘flying disks’ powered by LIGHT float and hover in place in breakthrough that could one day be used to explore Mars’ atmosphere Scientists have used light to make tiny disks levitate and hover in place They coated the bottom side of a Mylar disk with carbon nanotubes LEDs were illuminated in a chamber that … Read more

Fishermen float down Amazon River in FRIDGE after boat capsizes

Three fishermen found floating down the Amazon River inside a FRIDGE after their vessel capsized are rescued by Brazilian Navy Brazilian Navy officers rescued three fishermen found inside a refrigerator in the Amazon River on Wednesday The men found refuge in the ice box after their vessel sank near the Pará city of Santarem The … Read more

Deliveroo boss William Shu set for a £350m payday in blockbuster float

Deliveroo boss set for a £350m payday with food delivery firm valued at £5.1bn ahead of blockbuster float By Matt Oliver For The Daily Mail Published: 21:50 GMT, 27 January 2021 | Updated: 22:48 GMT, 27 January 2021 The boss of Deliveroo is set to gain a fortune of more than £350million from the food … Read more

Dr. Martens boss to net estimated £58m from float

Chief executive of Dr. Martens will net an estimated £58m from its blockbuster stock market listing By Daily Mail City & Finance Reporter Published: 21:50 GMT, 24 January 2021 | Updated: 21:50 GMT, 24 January 2021 The chief executive of Dr. Martens will net an estimated £58m from its blockbuster stock market listing launched today.  … Read more

ALEX BRUMMER: Britain stages a float fightback

ALEX BRUMMER: UK stages a float fightback to stop our most promising start-ups from heading West By Alex Brummer for the Daily Mail Published: 22:54 GMT, 19 January 2021 | Updated: 22:54 GMT, 19 January 2021 Among the biggest dangers for the post-Brexit City is that too many brilliant British start-ups in biotechnology, financial innovation … Read more