2020-04-01 REPIC 468×60 header


Published on September 8th, 2013 | by The GC Team


DRL preparing for flotation on London Stock Exchange

DRL Limited, owner of ao.com (formerly Appliances Online), is said to have chosen advisers to assist with a £300 million flotation on the London Stock Exchange.

Sky News reported that DRL founder John Roberts has hired investment banks Jefferies and JP Morgan to prepare a public listing that could take place by the end of the year.

Roberts, who is being advised by Rothschild, could earn around £60 million from his 20% stake in the company if it floats, according to Sky News.

Tags: , , , , , , , ,

About the Author


Get Connected is the top trade journal for the UK electricals industry. Its website is the fastest, most interesting and up to date in the business.

Leave a Reply

Your email address will not be published. Required fields are marked *

four × 1 =

Back to Top ↑

By clicking "Subscribe", you agree with our terms:
Mud Hut Publishing Ltd will use the information you provide on this form to be in touch with you with relevant news and content. You can change your mind at any time by clicking the unsubscribe link in the footer of any email you receive from us, or by contacting us at info@gcmagazine.co.uk. We will treat your information with respect. For more information please view our privacy policy.
Stay connected with GC’s regular news updates...