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Richard Branson Virgin Virgin Money

Plans $3.25 billion Virgin Money listing

29 Sep, 2014

Branson is expected to announce plans this week to list Virgin Money in London. The deal is expected to be worth £2 billion pounds ($3.25 billion) overall and will add several hundred million pounds to Branson’s net worth. The Virgin Group owns 47% of the company and U.S. investor Wilbur Ross owns the remainder.