Burger King UK getting ready for £600m London listing: report
The company is understood to be in advanced discussions with potential advisers.
Burger King’s UK business is looking to float on the London Stock Exchange for around £600 million next year, The Times first reported.
The company is understood to be in advanced discussions with potential advisers, including Investec and Numis bankers. The chain, owned by private equity group Bridgepoint, reported sales of £117 million in 2020, an increase of £16 million from its 2019 sales.
The Times added that Burger King UK and Bridgepoint may also explore the possibility of a sale which could be worth between £500 million to £600 million.
Read the full report here.