FINANCE: Israeli billionaire Teddy Sagi has raised £100m in an oversubscribed IPO of Market Tech, which owns 11 acres of Camden markets.
Shares have priced at 200p per share as part of its float on London’s AIM. The price values the company at £750m, making it the biggest IPO on AIM this year.
The float follows a £500m spending spree that saw Sagi buy Stable Market for £400m in March, and the Lock Market in October for £100m.
Shares will begin trading on Monday.
