Princes Group set for $1.56 billion valuation in London IPO
Update: 2025-10-31
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**Summary:**The Princes Group, a Liverpool-based food company known for brands like Napolina pasta and tinned tuna, is set to debut on the London Stock Exchange with a valuation of around £1.56 billion. Despite pricing their shares at the lower end of their expected range, they aim to raise £420 million for further acquisitions, following a history of growth through deals. This IPO comes amidst a resurgence in London's market activity, with mixed results for recent floats. Princes aims to deliver between £1 billion and £1.5 billion in additional revenue growth over the next few years, making it a significant player to watch in the European grocery world.
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