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Moonpig confirms stock market flotation for up to £1.2bn

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Demand has surged for retailer’s personalised cards during the Covid-19 pandemic

The online greeting card and gifts retailer Moonpig has outlined plans for a £1.2bn float on the London Stock Exchange, after demand surged for its personalised products during the coronavirus pandemic.

Announcing new details of the planned initial public offering, Moonpig, which has been owned by the private equity firm Exponent since 2016, said it would float at least a quarter of the company.

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