|
Investment group JAB Holding Co has engaged advisers to explore options for UK lunch hour stalwart Pret A Manger, including the sale of a stake ahead of a possible stock market float, the Financial Times reported on Friday, citing ‘people with direct knowledge of the matter’. Luxembourg-based JAB Holding, which bought Pret for £1.5 billion in 2018, said it is not ‘currently’ considering a stake sale, the FT reported, but it said: ‘As we move closer to a potential IPO, we may evaluate bringing on a pre-IPO investor’. The newspaper didn’t say where the possible initial public offering would take place. Copyright 2025 Alliance News Ltd. All Rights Reserved.
|