MARKET REPORT: Moonpig’s Smartbox deal proves a gift for investors
[ad_1] Shares in Moonpig jumped more than 11 per cent after the City gave a thumbs-up to its £124million purchase of gift group Smartbox. The online greetings card specialist said the deal will boost revenues to £350million next year, while enhancing profit margins and so adding to earnings per share. Smartbox’s main assets are gifting…