(Alliance News) - The owner of the Yo! Sushi chain of casual dining restaurants will present to City analysts this week, in preparation for an initial public offering in London as soon as mid-October, Sky News reported on Sunday.
The listing of Snowfox Group is being led by investment bankers at Numis Corp PLC, Sky said, and could give the company a market value of more than GBP750 million. The company also owns the Snowfox and Bento sushi chains in the US and Canada, and the Taiko brand of packaged sushi.
Snowfox Group is majority owned by London-based private equity firm Mayfair Equity Partners.
https://news.sky.com/story/yo-sushi-takes-fresh-step-to-show-appetite-for-stock-market-float-12412216
By Tom Waite; thomaslwaite@alliancenews.com
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