Pret a Manger is being prepared for an initial public offering in the US later this year, according to people with knowledge of the matter.
Majority shareholder Bridgepoint has appointed Barclays, Credit Suisse, Jeffries, JPMorgan Chase and Piper Jaffray to work on the IPO.
Bridgepoint could be looking for a valuation in excess of £1.5bn.
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