We have recently written on Farfetch and their plans to IPO in 2018 and were about to start writing on IPO plans for Liberty, acquired by BlueGem Capital in 2010, when we thought - yes, why not? They are so different but operate in the same sector!
So we have thought and thought about this, and the more we think, the more it makes perfect sense.
However, will Farfetch and Liberty staff think the same? More importantly, what will investors think?
Our opinion is that the merged entity will be far better placed to push a valuation in excess of $1bn, in our view perhaps even closer to $5bn in 2021.
Download our FREE merger rationale HERE