Manchester law firm announces £400m flotation on Stock Market
Manchester law firm DWF has announced it is to float on the stock market in a deal that could value the firm at £400m.
The flotation would dwarf anything that has come before it and will earn the partners in the firm a share of the money raised. The final value of the firm could be as high as £600m.
The move comes just eight months after law firm Knights set a new record. The firm was valued at £103.5m and the flotation netted a £20m fortune for its founders and management team.
Under the terms of the flotation DWF’s pa... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...