SUBSCRIBE

News > Venues

 

Pret A Manger looking at Public Offering to fund extensive expansion

By BigHospitality Writer , 09-May-2007

Pret A Manger is weighing up an Initial Public Offering in a bid to fund an extensive expansion plan said one of the firm's advisors. The company, is part-owned by founders Julian Metcalf and Sinclair Beecham along with McDonalds, and is thought ..

Pret A Manger is weighing up an Initial Public Offering in a bid to fund an extensive expansion plan said one of the firm's advisors.

The company, is part-owned by founders Julian Metcalf and Sinclair Beecham along with McDonalds, and is thought to be worth £150-280m.

Banks haven't yet become involved in what is still very much a consideration, according to Graham Shear, a lawyer with Teacher Stern Selby, Pret's company advisors.

Subscribe to our FREE newsletter

Get FREE access to authoritative breaking news, videos, podcasts, webinars and white papers. SUBSCRIBE

Property of the week

Cheshire: Tattenhall Pub

£Unspecified - Freehold

Freehold pub for sale/to let. To provide 70-100 covers, garden and 6 x double bedroom accommodationBeautiful...