Card Factory set to float on London Stock Exchange

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A greetings card company which grew into a retail empire after being launched in 1997 has announced plans to float on the London Stock Exchange.

Card Factory, based at Wakefield 41 Industrial Estate, is expected to raise £90m from issuing new shares to investors next month.

It is estimated that flotation will value the company, which grew from one store 17 years ago to 700 today, at around £800m.

 

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