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April 3, 2014 03:17 pm GMT

Just Eat IPO Values It At $2.44BN, Company First To Test LSEs New Tech-Friendly Market

In the biggest UK technology IPO in the last eight years, Just Eat, the online takeaway service, debuted on the London Stock Exchange today. The market valued the company at 1.47 billion ($2.44 billion), at 260 pence per share. This is top of the pricing range the company was after in January and puts its value at over 100 times its EDIITDA and 15 times sales. The float comes as US competitor… Read More

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