Crossrider To Issue London Stock Exchange IPO To Raise $50-60M

August 19, 2014 | Israeli company Crossrider is set to go public on London’s Stock Exchange, AIM. The IPO is set to be released sometime in September in which the company will attempt to raise $50-60 million that will be used for its own growth investment. Crossrider is expected to be valued at between $200-250 million for the upcoming IPO. Last December, the digital marketing and advertising services provider sold to Markets.com, a leading financial trading site, for $37 million. Crossrider will be the third company to be floated on the London Stock Exchange owned by Israeli Tedi Sagi along with Playtech and SafeCharge.