UK: MBO Positions just-sites.com for Rapid Growth and IPO
By Company Press Release | 5 June 2000
* £2 million deal with 3i finances development of Web sites and substantial expansion of services * Conservative business plan avoids traditional dot.com expansion pitfalls and steers to IPO* Partnership alliances and joint marketing deals reduce risk of new service development A £2 million management buyout financed by 3i, Europe's leading venture capital house, has been announced by business information Web sites operator just-sites.
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* £2 million deal with 3i finances development of Web sites and substantial expansion of services * Conservative business plan avoids traditional dot.com expansion pitfalls and steers to IPO* Partnership alliances and joint marketing deals reduce risk of new service development A £2 million management buyout financed by 3i, Europe's leading venture capital house, has been announced by business information Web sites operator just-sites.
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The Losh Cause
I'm not one naturally to side with the hugely rich and influential, but I can't help but feel a twinge of sympathy for those members of the Taittinger clan who wanted to keep the family business. Alas, they are very much in a minority and were unable to prevent the sale of Taittinger to the American investment group Starwood Capital for E2.8bn.
