GoDaddy files for IPO
Tuesday 10 June 2014
Website domain company GoDaddy said late on Monday it has filed papers with regulators for an initial public offering (IPO) of shares.
GoDaddy, which was acquired by a consortium including private equity firms KKR and Silver Lake for more than $2 billion in 2011, filed for a so-called “placeholder” IPO registration filing for up to $100 million.
The eventual amount involved in such IPOs often rises considerably.
In its filing, GoDaddy said it is the leading domain name Marketplace with 57 million domains under management as of December 31, 2013 -- about 21% of the world’s domains.
GoDaddy said it had $1.1 billion of revenue in 2013, up from $610 million in 2009, and a capitalization of $1.83 billion as of March 31, 2014.
The filing did not give details how many shares GoDaddy planned to sell or details on price. The company did not name the exchange on which it intends to list.
GoDaddy originally filed for an IPO in 2006 but the deal did not go ahead due to market conditions.
- 1 Crystal meth addict 'gouged out his eyes and ate them' while high on drug, Australian MP claims
- 2 As a white man, I'm surprised more women aren't tweeting the hashtag #KillAllWhiteMen
- 3 The ten most unequal developed countries in the world
- 4 Saudi Arabia 'seeking to head United Nations Human Rights Council'
- 5 Toddler throws a tantrum at the White House – in front of Barack Obama
As a white man, I'm surprised more women aren't tweeting the hashtag #KillAllWhiteMen
Scotland may have to leave the EU even if it votes to stay in, David Cameron confirms
Report finds that Britain's wages are the most unequal in Europe
Almost a third of school pupils believe 'Muslims are taking over our country', study claims
The day that Britain resigned as a global power
Gay marriage 'Bert and Ernie' cake bakery found guilty of discrimination in Northern Ireland
iJobs Money & Business
£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...
£45,000 - £55,000: Neil Pavier: Are you looking for your next opportunity for ...
£45,000 - £55,000: Sheridan Maine: Are you a newly qualified ACA/ACCA/ACMA qua...
£50,000 - £60,000: Laura Norton: Are you looking for an opportunity within a w...