Moonpig confirms $1.6 billion float as London prepares for a busy year of tech IPOs

Online card retailer Moonpig has confirmed that it plans to go public on the London Stock Exchange in a £1.2 billion ($1.6 billion) float next month.

Demand for the company’s cards and gifts has surged during the coronavirus pandemic.

U.S. investors BlackRock and Dragoneer have agreed to spend £130 million on Moonpig shares when shares start trading in February.

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