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.
- 2 The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
- 3 Ball pool for adults opens in London
- 4 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
- 5 Baldness could soon be treated using stem cells, scientists hope
Woman falls to her death as she celebrates marriage proposal at the edge of Ibiza cliff
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
The awkward moment Sarah Palin raised $25,000 for Hillary Clinton's election campaign
Ball pool for adults opens in London
Amal Clooney gives excellent response to fashion question at European Court of Human Rights
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
iJobs Money & Business
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...
£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...
Competitive salary & benefits!: MBDA UK Ltd: MBDA UK LTD Indirect Procurement...