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Friday 22 November 2024
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U.K. coffee chain Pret A Manger may be heading for Wall Street listing

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NEW YORK – After opening shops across New York, U.K. sandwich and coffee chain Pret A Manger may be heading for Wall Street. The owner of Pret a Manger is reportedly exploring a listing on the New York stock exchange, as it eyes up expansion in the US coffee shop market.

Bridgepoint, the UK-based private equity firm, is thought to be considering a flotation with JP Morgan and Jefferies as lead advisers. Barclays, Credit Suisse, Morgan Stanley and Piper Jaffray are also advising on the plans.

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