George Soros Is Investing In The Nine Float: Report

Getty/Sean Gallup

The “man who broke the Bank of England” is investing in the impending float of Nine Entertainment Co, according to a report.

George Soros is said to have taken a stake through his New York-based investment firm, according to The Australian.

Nine lists tomorrow and is expected to be worth around $2 billion with shares at an issue price of $2.05.

Soros is most famous for shorting the British pound in 1992, and more recently for taking a multi-million dollar profit betting the Australian dollar would fall after a rates decision.

There is more here.

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