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Latest Finance News related to Travelex

Destination misery: seven ways they turned airports into hell image
Source : Guardian [Read Article] Saturday 5th of August 2017 06:00:04 AM
....11 to £1, it means the bureau is nabbing around 20% of your cash. Even the big names, such as Moneycorp and Travelex, will take a 10-12% cut. ...
Pound PLUNGE: Holidaymakers get LESS than one euro in fresh getaway misery  image
Source : Daily Express [Read Article] Friday 4th of August 2017 01:14:00 PM
....95. Travelex counters in Manchester and Heathrow Terminal Three also received less than a euro for their pounds at 0. ...
Sun, sea, sand … and a last-minute money-saving holiday guide image
Source : Guardian [Read Article] Saturday 22nd of July 2017 06:00:31 AM
Britons travelling to Europe offered just €0.88 for £1 image
Source : Guardian [Read Article] Friday 21st of July 2017 06:31:18 PM
....We have seen how the pound has been subject to volatility since the Brexit referendum. The Travelex foreign exchange booths at Heathrow, Manchester and Glasgow were offering almost exactly €1 to the pound. ...
Holiday car hire: how to avoid the add-ons that can double your bill image
Source : Guardian [Read Article] Saturday 24th of June 2017 05:59:00 AM
.... Decent names include Revolut, FairFX and WeSwap. Unfortunately, Travelex is scrapping its popular Supercard, which offers fee-free spending abroad, though if you have got one you can continue to use it in foreign stores until close of play on 23 July. ...
Election 2017 pound latest: Should you buy euros and dollars after hung parliament? image
.... It means travellers can lock in a rate at today's prices, but if the pound travellers can sell their money back at the same rate to buy holiday cash at the more favourable level. American Express, Travelex and Moneycorp are among the firms that will buyback holiday cash - but some firms limit the time for buyback and there are usually fees for the service. ...
How to make your holiday cash go further this summer image
Source : Daily Express [Read Article] Wednesday 7th of June 2017 07:05:00 AM
....A handful of credit cards have no foreign usage charges, including Creation Everyday, Halifax Clarity, Nationwide Select, Post Office Money Platinum and Barclaycard Platinum Travel. Alternatively you can take out a pre-paid currency card, sold by Caxton, Debenhams, FairFX, ICE, Post Office, Seasons, Travelex and others, which you can use in millions of locations overseas. ...
General Election 2017: Should YOU buy holiday money before the vote? image
Source : Daily Express [Read Article] Friday 2nd of June 2017 02:06:00 PM
.... It means travellers can lock in a rate at today's prices, but if the pound travellers can sell their money back at the same rate to buy holiday cash at the more favourable level. American Express, Travelex and Moneycorp are among the firms that will buyback holiday cash - but some firms limit the time for buyback and there are usually fees for the service. ...
Travelex to withdraw Supercard due to ‘high costs’ image
Source : Guardian [Read Article] Saturday 27th of May 2017 06:00:20 AM
. Travelex is to scrap its popular Supercard that offered fee-free spending abroad, after the foreign exchange firm decided it was uneconomic. ...
Make your money go the distance this summer image
Source : Daily Express [Read Article] Tuesday 21st of March 2017 10:02:00 PM
.... . Instead, use an online currency service, such as Asda, ICE, FairFX, M&S, Post Office, Tesco or Travelex, who offer home delivery for around £5, or nothing at all on larger orders. ...
What the dip in sterling means for your holiday image
Source : Daily Express [Read Article] Sunday 29th of January 2017 12:01:00 AM
....” Ignore misleading claims that airport booths sell commission-free money, the real cost is what consumer group Which? calls their “notoriously poor” exchange rates. These days, you typically find the best rates online on sites run by Asda, ICE, FairFX, M&S, Post Office, Moneycorp, Tesco and Travelex among others. ...
REVEALED: The tricks to get the best holiday money rates amid a weaker pound image
Source : Daily Express [Read Article] Saturday 7th of January 2017 02:00:00 PM
....Travellers who have left it late in the day, can still get a better rate if they have at least four hours before arriving at the airport. Travelex advance rates are competitive and you can pick up money at most UK airports (with the exception of Gatwick and Bristol). ...
Indian rupees: Holders of notes abroad face tough battle image
Source : BBC [Read Article] Thursday 10th of November 2016 12:32:58 PM
....". Travelex, a foreign exchange company, said on Wednesday that customers with a buyback guarantee from when they purchased the rupees would be able to swap them back. ...
Travellers hit by 'abominable' exchange rates at UK airports image
Source : Guardian [Read Article] Wednesday 12th of October 2016 09:30:19 AM
....11 on Tuesday but MoneyCorp exchange bureau in Gatwick was offering just €0. 96 while Travelex in Heathrow was offering €1 for £1, but less once commission and fees were taken out. ...
Airport currency exchange booths charging mark-ups of more than 25 per cent image
Source : Daily Express [Read Article] Wednesday 12th of October 2016 09:07:00 AM
....14 at Heathrow T2. Travelex offered €1 at Doncaster Robin Hood, Heathrow T3 and Manchester and $1. ...
The Crusader: Couple lose out after the Brexit vote image
Source : Daily Express [Read Article] Monday 12th of September 2016 07:18:00 AM
. Brian Gledhill and his wife Sandra still feel very let down by the poor hand they say they were dealt by currency provider Travelex during the EU referendum week in June. ...
HOLIDAY WARNING: Beware of the mistake that could cost YOU £212 this summer image
.... For those based in London, Thomas Exchange Global is particularly competitive and has a number of branches across the city or No1 Currency has collection points in most towns in Britain. If you order at least four hours in advance with Travelex, holidaymakers can pick up cash at most UK airports at a competitive rate. ...
Is now the best time to buy holiday money? Pound rises against the euro and dollar image
....Travellers looking to hedge their bets can reserve cash at today's rates for fee of around £3-4 and abandon the order if currency moves in their favour. American Express, Travelex and Moneycorp are among the firms that offer the service for up to 45 days in advance. ...
Pound SURGES off the back of interest rate freeze -  Is now the time to buy holiday money? image
....Holidaymakers can reserve currency for fee of around £3-4, allowing customers to lock in travel money at today's rates. American Express, Travelex and Moneycorp are among the firms that offer the service for up to 45 days in advance. ...
CEO Secrets: Travelex founder's recruitment advice image
Source : BBC [Read Article] Monday 11th of July 2016 07:33:35 AM
. Lloyd Dorfman, who founded money transfer service Travelex and is now chairman of The Office Group and Doddle, offers the business advice he wishes he had been given before he started out, for the BBC News series CEO Secrets. ...
Should you buy euros now? Pound plunges after hitting highest level of 2016  image
Source : Daily Express [Read Article] Thursday 23rd of June 2016 11:36:00 AM
....Holidaymakers who are worried about a further fall can reserve currency for fee of around £3-4, allowing customers to lock in travel money at today's rates. American Express, Travelex and Moneycorp are among the firms that offer the service for up to 45 days in advance. ...
Holidaymakers dash to change pounds amid uncertainty over EU referendum result image
Source : Daily Express [Read Article] Wednesday 22nd of June 2016 04:29:00 PM
.... The Post Office said overall currency sales in its branches and online were up 74 percent year-on-year since the weekend, online sales are 381 percent higher than the same time last year. Travelex also said online currency orders increased 30 percent from June 14 to June 21. ...
Nigel Farage savages Remain doom-mongers: 'So what if pound falls? Business will benefit' image
....Holidaymakers who are worried about further falls in the pound can buy holiday cash at today's prices with firms that offer guaranteed buyback deals. American Express, Travelex and Moneycorp are among the firms that will buyback holiday cash - but the offer is usually only for a limited time of around 45 days after the initial transaction. ...
British holidaymakers dealt blow ahead of summer holidays as pound plunges image
Source : Daily Express [Read Article] Monday 6th of June 2016 01:01:00 PM
....Travellers who are concerned the pound could fall further can buy holiday cash at today's prices with firms that offer guaranteed buyback deals. American Express, Travelex and Moneycorp are among the firms that will buyback holiday cash - but the offer is usually only for a limited time of around 45 days after the initial transaction. ...
Buy euros NOW as pound will tumble post-Brexit, sunseekers are told  image
Source : Daily Express [Read Article] Wednesday 4th of May 2016 09:33:00 AM
....Travellers can protect themselves against falls by buying holiday cash at today's prices with firms which offer guaranteed buyback deals. American Express, Travelex and Moneycorp are among the firms that will buyback holiday cash - but the offer is usually only for a limited time of around 45 days after the initial transaction. ...
How to avoid the great foreign exchange rip-off image
Source : Daily Express [Read Article] Sunday 24th of April 2016 02:27:00 PM
.... The best rates are available online. You can compare rates and order currency for home delivery from Asda Money, ICE, FairFX, M&S, Post Office Money, Saga, Sainsbury’s Bank, Tesco Bank and Travelex. ...
Brexit would damage startup businesses, say entrepreneurs image
Source : Guardian [Read Article] Wednesday 20th of April 2016 11:35:35 AM
....”. Among signatories were the Zoopla chief executive, Alex Chesterman, the fashion designer Anya Hindmarch, the Travelex founder, Lloyd Dorfman, lastminute. ...
Wolseley boss to quit in summer having reshaped the plumbing group  image
Source : Telegraph [Read Article] Monday 18th of January 2016 08:24:52 AM
...." . Mr Meakins, formerly chief executive of foreign exchange company Travelex, will be 60 when the leaves Wolseley, and is expected to retire from full-time corporate life but will take on non-executive roles. ...
Demand rockets for analytics business after fancy dress stunt image
Source : Guardian [Read Article] Friday 16th of October 2015 09:31:08 AM
.... The latest fundraising round, which is nearly complete, targets more sophisticated “angel investors” – a process Mackin describes as “all about meeting people” and “someone buying into you”. With blue-chip clients such as Secret Escapes, Travelex and Genting Casinos on its roster, Formisimo gets valuable advice from firms “at the top of their game”. ...
Autumn rush to the stock market comes with even more pressure this year image
Source : Telegraph [Read Article] Monday 28th of September 2015 05:39:28 PM
.... . Center Parcs, RAC and Travelex have all been recently advertised for possible IPOs, before being sold off to other firms whose interest was flushed out through a dual-track process. ...
International Currency Exchange put up for auction image
Source : Telegraph [Read Article] Saturday 12th of September 2015 04:00:17 PM
.... . Rival business Travelex was sold last year in a £1bn deal to the owner of UAE exchange, which swooped on the company as it neared a stock market flotation. ...
How to avoid costly debit or credit card charges on overseas trips image
Source : Independent [Read Article] Friday 17th of July 2015 11:00:00 PM
....However, more than a dozen debit and credit card providers either won't send a replacement card abroad or will only consider it in exceptional circumstances – whereas 10 out of the 14 pre-paid card users offered this service, and two of the others provided a spare card at the time of the application. The majority of pre-paid companies charge a fee of around £5 or £6 for the replacement service, with Cash Passport and Travelex the only two providers offering the delivery of this holiday lifesaver free of charge. ...
Holiday kick-off: How to get the best rates on cash as Brits swap £10million an HOUR today image
....Up to £267million of money will change hands today, ahead of an estimated 1. 3million people heading abroad this weekend, according to foreign exchange provider Travelex. ...
InsureandGo and the critically ill traveller faced with a Vietnamese emergency image
....InsureandGo now accepts it should not have turned down Greensmith’s claim, and has refunded the £3,000 after Money’s intervention. Greensmith, a boat builder from Lowestoft in Suffolk, had bought the annual travel policy via a Travelex bureau just before flying. ...
Sterling boost in Greek euro crisis for UK holiday goers image
Source : Daily Express [Read Article] Wednesday 1st of July 2015 08:36:00 AM
....The Post Office is the most popular place for Britons to buy their travel money but it offered just €680 on £500, according to the mystery shopping exercise. M&S and Travelex also disappointed. ...
Will a prepaid holiday card work in Greece if other bank cards fail? image
Source : Telegraph [Read Article] Tuesday 30th of June 2015 10:54:56 AM
.... . Prepaid card issuers Travelex and the Post Office say they are not aware of any travellers who have had problems using their cards in Greece. ...
I am going on holiday to Greece – should I avoid 'Greek euros'?  image
Source : Telegraph [Read Article] Monday 22nd of June 2015 02:10:39 PM
.... • Watch Martin Lewis: How to get the best exchange rates for the pound on holiday . David Swann, of Travelex, did, however, advise British travellers to take a mixed wallet of cash and cards. ...
West End grrs: best seats in the house up 300% for top shows image
Source : Guardian [Read Article] Monday 8th of June 2015 11:06:10 AM
.... He pointed to the Donmar Warehouse in Covent Garden, which offers some of the best seats at every performance for £10, courtesy of a link-up with Barclays. On the South Bank, the National Theatre’s partnership with Travelex, which began in 2003, will this year offer 100,000 £15 tickets for six plays, including its current show Everyman, starring Oscar nominee Chiwetel Ejiofor. ...
Review site plots IPO as usage soars image
Source : Daily Express [Read Article] Sunday 31st of May 2015 12:00:00 AM
....Founded in 2007, Trustpilot contains 13 million reviews of more than 100,000 brands. Its users include Google, ­Travelocity, eBookers and Travelex. ...
Dentist chain IDH opens wide for £1bn autumn stock market float image
Source : Telegraph [Read Article] Saturday 30th of May 2015 06:40:25 PM
.... Cyber security firm Sophos and leisure parks operator CenterParcs are also said to be considering the timing of their billion pound listings. Industry bankers caution that as seen in other examples of RAC, Travelex or Virgin Active, private equity firms looking to exit businesses will also gladly take knock-out offers for their porfolio companies. ...
British holidaymakers’ delight as euro surges to €1.41 image
Source : Daily Express [Read Article] Tuesday 26th of May 2015 03:50:00 PM
.... . If you order at least four hours in advance, Travelex rates are usually good and you can pick up money at most UK airports (with the exception of Gatwick and Bristol). ...
The nine-point holiday checklist to avoid pre-flight frights image
Source : Guardian [Read Article] Saturday 23rd of May 2015 05:59:10 AM
....9% interest charge. Travelex’s Supercard is also a “best-buy” but is in the “pilot” stage and no new ones are currently being issued. ...
Holiday money: the ultimate guide to buying  image
Source : Telegraph [Read Article] Thursday 14th of May 2015 06:00:21 AM
.... . The table below contrasts these top-payers with some of the best rates from better-known (and generally very competitive) players in the market, including Travelex, International Currency Exchange (ICE), Moneycorp and No 1 currency. ...
Where to get the most euros for your money this summer image
Source : Daily Express [Read Article] Tuesday 12th of May 2015 04:28:00 PM
.... Just make sure you order in advance and don't buy on the spot at the airport, which will provide the very worst rates.   If you order at least four hours in advance, Travelex rates are usually good and you can pick up money at most UK airports (with the exception of Gatwick and Bristol). ...
Tory win boosts pensions, house prices and holiday rates image
Source : Telegraph [Read Article] Friday 8th of May 2015 04:23:48 PM
.... . Meanwhile, holidaymakers going to Europe will be 13 per cent better off than a year ago, according to Travelex. ...
Surge in holidaymakers using prepaid travel cards to 'lock' into best exchange rates image
...." . Travelex and Caxton FX offer some of the more competitive cards on the market. ...
Mark Carney blasts City competition in London Marathon image
Source : Telegraph [Read Article] Monday 27th of April 2015 12:02:26 PM
.... Yet despite his impressive efforts, at least one City runner finished faster than Mr Carney. Peter Jackson, the former Travelex boss, completed the course two seconds shy of three hours and 12 minutes. ...
Everyman raises £20m to snap up four cinemas from Odeon image
Source : Telegraph [Read Article] Monday 20th of April 2015 12:31:44 PM
....2pc of the company. Mr Dorfman was an early financier of Oscar-winning films The King's Speech and Shame, while his father Lloyd Dorfman, is a major donor to the National Theatre and founder of currency firm Travelex. ...
Buy your euros now, save pounds later image
Source : Guardian [Read Article] Monday 20th of April 2015 06:01:07 AM
.... But make sure you shop around for the best rates on your money; the most competitive deals are usually found online. If you have left it too late to organise your cash, pre-order it for collection at the airport via a firm such as Travelex, as this will save you a significant amount compared to walk-up rates at the terminal. ...
Source : Reuters [Read Article] Wednesday 15th of April 2015 11:36:27 AM
....Last year, it raised 6 million pounds ($9 million) from investors including Index Ventures, an early backer of video-chat service Skype, and Horizons Ventures, the investment arm of Hong Kong billionaire Li Ka-shing. Other investors include Peter Jackson, the ex-chief executive of foreign exchange firm Travelex; Darren Shapland, former chairman of Sainsbury Bank; Samir Desai, co-founder of peer-to-peer lender Funding Circle; and British television personality Davina McCall. ...
Sterling performance: Quick guide to cashing in on the rise in the pound image
Source : Daily Express [Read Article] Sunday 15th of March 2015 02:25:00 PM
.... Consumer group Which? has previously slammed airport kiosks as "notoriously poor". You can often find the best rates online by visiting sites such as Asda, ICE, FairFX, M&S, Post Office, Tesco and Travelex, or you can compare their offerings by visiting MoneySupermarket. ...
Tricks and tactics to bag cheap tickets for West End theatres and other shows image
Source : Telegraph [Read Article] Thursday 5th of February 2015 07:15:14 AM
.... . The National Theatre has partnered with Travelex to offer 100,000 tickets for £15 for performances this year including Everyman and Light Shining in Buckinghamshire and The Beaux' Stratagem. ...
Holidaymakers rushing to cash in as euro flounders image
Source : Daily Express [Read Article] Wednesday 28th of January 2015 12:51:00 PM
....This has sparked fears that Greece may be unable to repay its debts, throwing the eurozone into further turmoil. Foreign currency service Travelex has seen currency sales soar 70 per cent in the last year, with the pound up 10 per cent in that time. ...
Source : Independent [Read Article] Friday 23rd of January 2015 12:35:54 AM
....Thetrainline. com is the latest in a long line of companies being switched from a listing to a sale, including Travelex, RAC and M&M Direct, which all scrapped floats last year. ...
Source : Independent [Read Article] Saturday 17th of January 2015 12:00:00 AM
.... I live in Thailand and last summer made a number of purchases that included VAT. The agents of HM Revenue & Customs at Heathrow Airport are Travelex, which promised me a refund within six weeks of 1 July. ...
Sainsbury's Bank systems failure leaves shoppers unable to use credit cards image
Source : Telegraph [Read Article] Wednesday 7th of January 2015 04:39:50 PM
...." . In June it announced a five-year deal with Travelex, the foreign exchange company. ...
Steering your way to a smoother gap year image
Source : Daily Express [Read Article] Sunday 14th of September 2014 05:46:00 PM
....Equally, rather than carrying large sums of cash around on your gap-year travels, a prepaid currency card can serve as a great alternative. These cards are offered by the likes of FairFX, Travelex, Caxton FX, ICE and Ukash. ...
Five things never to buy from a bank image
Source : Telegraph [Read Article] Sunday 31st of August 2014 07:11:00 AM
.... Banks are one of the most expensive places to change currency, instead going through an online broker is much cheaper as they offer better deals. ” The best deals are usually through an online broker, such as FairFX, Caxton FX or Travelex. ...
City poised for wave of flotations after summer lull image
Source : Telegraph [Read Article] Saturday 23rd of August 2014 06:30:17 PM
.... . M and M Direct and foreign exchange company Travelex both stunned the market earlier this year by switching from their widely-expected float plans to sales. ...
Ryanair customers in dark over prepaid card refunds image
Source : Telegraph [Read Article] Wednesday 30th of July 2014 10:19:57 AM
.... Other prepaid cards are more competitive. Travelex's Global Cash Passport charges 2. ...
What is the cheapest way to send £100 abroad? image
Source : Telegraph [Read Article] Friday 25th of July 2014 12:10:57 PM
.... . Other international money transfer companies such as FairFX and Travelex also offer competitive rates, but they have a higher minimum transfer amounts, starting at £300. ...
Travel money: Bureaux de change raise profit margins  image
Source : Telegraph [Read Article] Monday 21st of July 2014 09:29:09 AM
.... When Telegraph Money ran tests on July 4, the exchange rate was practically identical to October 20 2008. Six years ago, prices at a Travelex bureau de change were $1. ...
Osper closes £6m funding round image
Source : Telegraph [Read Article] Saturday 28th of June 2014 07:15:01 PM
.... . Financial nous will be provided by Peter Jackson, ex-CEO of Travelex, who sold Travelex’s prepaid cash card business to Mastercard for £290m, as well as Funding Circle co-founder Samir Desai, and ex-chairman of Sainbury’s Bank Darren Chaplin. ...
Amazon plans to trial online shopping pick-up lockers in tube station car parks image
....London Underground also tested click and collect points for supermarket Asda in six station car parks last year and is working with Tesco, Waitrose and parcel locker company Inpost to offer services at several more stations. Britons' enthusiasm for click and collect services has also seen Network Rail set up a joint venture with Travelex founder Lloyd Dorfman to invest £24m in 300 Doddle pick-up-points at stations. ...
Sainsbury’s Bank to cash in by opening new foreign exchange stores image
Source : Daily Express [Read Article] Wednesday 25th of June 2014 12:01:00 AM
. Travelex will continue to supply the bank with more than 50 currencies and will transfer 500 of its staff that already work in the grocer’s in-store kiosks to Sainsbury’s payroll. ...
Amazon to join railway station parcel pick-up service image
Source : BBC [Read Article] Sunday 22nd of June 2014 09:59:46 AM
....Amazon customers will be able to pick-up their parcels from railways stations under a deal struck with a new click-and-collect firm, Doddle. Doddle is a joint venture between Network Rail and Lloyd Dorfman, who made his fortune from the Travelex currency exchange business. ...
Amazon joins rail station 'click and collect’ plan image
Source : Telegraph [Read Article] Saturday 21st of June 2014 09:30:52 PM
. Amazon, the internet retailer planning to let customers pick up parcels from Tube station ticket offices earmarked for closure, has struck a deal with Doddle, the “click and collect” joint venture between Network Rail and Travelex millionaire Lloyd Dorfman. ...
Source : Independent [Read Article] Friday 20th of June 2014 11:00:00 PM
....A prepaid currency card is a cheaper plastic travel companion. Check out the euro or US dollar cards from Caxton FX, Travelex, MyTravel cash and Fair FX and you'll end up with more spending money and less to pay in charges. ...
Train stations to become online clothes pick up image
Source : Daily Express [Read Article] Thursday 19th of June 2014 12:01:00 AM
. Doddle, a joint venture between Travelex founder Lloyd Dorfman and Network Rail, will open “click and collect” stores in 300 train stations in the next three years. ...
Network Rail plans 300 station pick-up points for online shoppers image
Source : Guardian [Read Article] Wednesday 18th of June 2014 07:50:13 PM
....Network Rail is tapping into the trend for online shopping pick-up points by announcing plans for click-and-collect stores at more than 300 stations. The owner of Britain's rail tracks and stations has teamed up with Travelex founder Lloyd Dorfman to invest £24m in the co-owned business, called Doddle, which it says will create more than 3,000 jobs over the next three years. ...
A strong pound: what it means image
Source : Guardian [Read Article] Monday 16th of June 2014 06:38:17 PM
....Holidaymakers keen to lock into today's exchange rates could consider a prepaid currency card. They look just like a credit or debit card, tend to be issued by specialist foreign exchange companies such as Travelex, Caxton FX and FairFX, and typically allow you to preload money from your bank account on to the card, fixed at that day's exchange rate. ...
Post Office and Travelex report Brazilian currency shortage image
Source : Telegraph [Read Article] Thursday 5th of June 2014 04:03:23 PM
.... . The Post Office said it has had to replenish stocks for its 11,500 branches after running low on the currency, while Travelex said that it was experiencing a temporary shortage at Heathrow and Manchester airports. ...
Post Office and Travelex run out of Brazilian currency image
Source : BBC [Read Article] Thursday 5th of June 2014 07:17:12 AM
....Two of Britain's biggest foreign exchange suppliers have told BBC 5live they are short of the Brazilian Real, just one week before the World Cup kicks off in South America. Travelex has run out of the currency at Heathrow and Manchester airports, after demand rose more than 1,000%. ...
International Currency Exchange up for sale image
Source : Telegraph [Read Article] Saturday 31st of May 2014 07:15:56 PM
. International Currency Exchange, one of the world’s largest bureau de change businesses, is up for sale just weeks after rival Travelex was sold to the owner of UAE Exchange for £1bn. ...
Make holiday money go further with the strong pound sterling image
Source : Daily Express [Read Article] Sunday 25th of May 2014 12:47:00 PM
. “This follows further speculation about a rise in interest rates, and positive data from the Confederation of British Industry (CBI),” says David Swann from currency specialist, Travelex. ...
EasyHotel plans £60million float to fund growth in European cities image
Source : Daily Express [Read Article] Saturday 24th of May 2014 12:00:00 AM
....Although some, such as Poundland whose listing price of 300p has grown to 334½p have done well, retailer McColls has dropped from 191p to 168p, Card Factory has fallen from 225p to 200p and electrical goods retailer AO World has slid from 285p to 244p. Apax Partners is ditching its prospective £1billion float of ­foreign exchange firm Travelex in favour of a sale to Indian entrepreneur Dr BR Shetty and Abu Dhabi investor Centurion. ...
Source : Independent [Read Article] Friday 23rd of May 2014 11:43:37 PM
....”. One company that now looks unlikely to join the London Stock Exchange is the foreign currency group Travelex, which was yesterday bought by Bavaguthu Shetty, the owner of the money-transfer service UAE Exchange, and the Middle Eastern Centurion Investments in a deal thought to be worth £800m to £1bn. ...
Apax to sell majority stake in Travelex image
Source : Guardian [Read Article] Friday 23rd of May 2014 06:25:43 PM
. The private equity group Apax is to sell its majority stake in the foreign exchange operator Travelex to Dr Bavaguthu Shetty, the owner of money transfer service UAE Exchange, and to Abu Dhabi firm Centurion Investments. ...

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