The Financial Times speculates on Cassava flotation
March 18, 2005
Reuters is reporting that online casino 888.com is set to float
in the second half of this year for around $1.6 billion (840 million
pounds), quoting the venerable Financial Times in an unsourced article.
Cassava Enterprises, the owner of 888.com and one of the world's
biggest Internet gambling groups, has apparently hired Credit Suisse
First Boston to prepare the flotation, the FT revealed this week.
Cassava was unavailable for comment.
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