Auto Trader in gear to float following successful City roadshow

autotraderFollowing a successful City roadshow, led by chief executive Trevor Mather, books were closed early yesterday on the £2billion-plus flotation of Auto Trader, which operates Britain’s leading website for buying and selling new and used cars.

Dealers expect it to be priced at near the top-end of the 225p-245p price range and trading starts on a conditional basis tomorrow.

For the full story read Mail Online