Transport & Distribution

Motorpoint's £200m float named Deal of the Month

Vehicles - Motorpoints £200m float - SantanderCB

Insider Media's Deal of the Month for May has been named as Motorpoint's £200m floatation, which was supported by a £20m package from Santander Corporate & Commercial.

The largest independent vehicle retailer in the UK placed 50m shares as part of an IPO, raising gross proceeds of £100m for Motorpoint co-founder David Shelton and other members of its management team.

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

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