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Pret A Manger owner sounds out new investors ahead of potential IPO

JAB Holding has engaged advisers to explore options for the sandwich and coffee chain after a turbulent few years
Pret A Manger said: ‘As we move closer to a potential IPO, we may evaluate bringing on a pre-IPO investor’

The owner of Pret A Manger has recently explored bringing in new investors to the sandwich and coffee chain ahead of a potential initial public offering.

JAB Holding, the European investment group that acquired Pret for £1.5bn in 2018, has in recent months engaged advisers to explore various options for the business ahead of a potential listing, including a stake sale, said people with direct knowledge of the matter.

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