Trip: CBD drinks brand valued at £200m after Joe Jonas backing Retail Trip, a CBD drinks brand, has been valued at more than £200m after a fundraising round backed by the likes of singer and actor Joe Jonas. The London-headquartered firm has raised a further £30.3m in a move which it said makes it the most valuable UK-founded drinks brand since Innocent and Fever-Tree. The business has [...]
This is why London-listed companies are undervalued – Sage CEO Business Businesses listed on the London Stock Exchange need to tell their stories better and deliver for investors if they are to boost their valuations, the CEO of FTSE 100 technology giant Sage has said. Steve Hare, speaking on an up-coming episode of CityAM‘s Boardroom Uncovered, said a lower number of competitors listed in London [...]
Starling Bank eyes £4bn valuation in secondary share sale Fintech UK fintech Starling is eyeing a valuation of £4bn in a new secondary share sale. The digital lender is in talks with Morgan Stanley and Rothschild to run the sale process, which the firm is hoping could help it net a valuation between £3.5bn and £4bn. The sale – the first since the group’s valuation [...]
Getir departure from UK market could put 1,500 jobs at risk April 21, 2024 Grocery delivery firm Getir is reportedly considering leaving the UK, putting as many as 1,500 jobs at risk.