SHARE

Travelex In Talks For Future Float

Money conversion business Travelex is said to have hired banks JP Morgan and Goldman Sachs ahead of a potential sale or IPO, which could be worth as much as £1bn. Founded by Lloyd Dorfman, the firm is currently controlled by Apax Partners.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.