OzForex to float

The online money changer is looking to list on the ASX

OzForex is set to float on the ASX in a deal valuing the online bureau de change at $480 million, The Australian Financial Review reports.

According to the newspaper, founders Matt Gilmour and Gary Lord are set to make $84.5 million from the float and are expected to remain shareholders with holdings of four per cent each.

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