Flotation values Betfair at $2.2bn

25 Oct 2010

LONDON, England -- Betfair has been valued at $.2bn in its recent share floatation, the BBC reported.

15.2 percent of company shares were sold at £13 per share, the BBC said.

Shares then rose 20 percent during early trading to £15.60, the report added.

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	Flotation values Betfair at $2.2bn 25 Oct 2010 LONDON, England -- Betfair has been valued at $.2bn in its recent share floatation, the BBC reported. 15.2 percent of company shares were sold at £13 per share, the BBC said. Shares then rose 20 percent during early trading to £15.60, the report added.