Skyscanner said to mull possible sale or flotation



Skyscanner, the Edinburgh-based travel search engine valued at more than £1 billion, is considering a possible sale or initial public offering (IPO), it was reported today.
The company, one of Scotland’s highest-profile technology start-ups, is also said to have held talks with investors over raising fresh funds.
In January, Skyscanner – led by chief executive and co-founder Gareth Williams – raised £128 million from five new investors, including Edinburgh fund manager Baillie Gifford and joint venture partner Yahoo Japan. The move, which valued the so-called “unicorn” at about $1.6 billion... read more

 
18 October 2016 in Business, Views: 45
Source: Scotsman
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