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TheTrainline drops IPO and opts for sale to rival

01/23/2015| 9:16:02 AM| 中文

Exponent has sold thetrainline.com to rivals KKR, only a fortnight or so after thetrainline.com said it was planning to float on the London Stock Exchange.

No other details are currently available.

KKR has issued a statement which makes no reference to the proposed IPO.

Tnooz reported on the intention to float earlier this month.

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TAGS: TheTrainline | Exponent | IPO | KKR | acquisition
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