Summary
NEW Star, the fund management business founded by multimillionaire John Duffield, is heading for a Pounds 400m stock market float this autumn.
It is likely to value Duffield's 20pc personal stake at around Pounds 80m. The ebullient tycoon has already made a fortune of at least Pounds 175m from his first investment venture Jupiter where he created 100 millionaires among his staff including his former secretary Angela Hudson.See the full content of this document
Extract
New Star Mulls Pounds 400m Float
Directors and employees of New Star hold around 53pc of the s...
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