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FXPro Share Sale May Value Currency Trader at $309 Million, Times Reports
FXPro, a currency trading company, is expected to announce its plan to list on a London stock market tomorrow, which may raise 60 million pounds ($93 million) for its owners, the Sunday Times reported, without saying where it got the information.
Panagiotis Xydas, Charalambos Psimolophitis and George Xydas, who founded FXPro three years ago, are selling 30 percent of the company that analysts said may be valued at 200 million pounds, the newspaper reported.
To contact the reporter on this story: Anchalee Worrachate in London at aworrachate@bloomberg.net.
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