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Made.com wants to raise $141 million in London IPO

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British Brent Hoberman, Co-Founder of PROfounders Capital, Chairman of made.com and Founder and Chairman of mydeco.com

Eric Piermont I AFP | Getty Images

LONDON — British online furniture seller Made.com announced Tuesday that it plans to float at least 25% of its shares on the London Stock Exchange.

The London-based company — co-founded in 2010 by entrepreneurs Li Ning, Brent Hoberman, Julien Callede and Chloe Macintosh — is aiming to raise approximately £100 million ($141 million) by selling new shares, while existing shareholders will also offload some of their stock.

Made did not disclose how much it will sell its shares for or the valuation it is targeting, but reports have put…



Source cnbc.com

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