Tinned tuna company Princes Group has confirmed plans to list on the London stock market this month in a move that could value it at £1.5billion.
The almost 150-year-old firm, which is owned by Italian food brand Newlat, said it will make its stock market debut by the end of October.
Heritage: Princes Group is headquartered in Liverpool’s Liver Building (pictured)
The group – which is headquartered in Liverpool’s Liver Building – is best known for its Princes Tuna and Napolina products but also licensed brands such as Branston and Flora.
It marks the latest in a recent spate of UK listings in a much-needed boost for the London stock market, which has seen major firms bought out or defect overseas in recent years.
DIY INVESTING PLATFORMS
AJ Bell
AJ Bell
Easy investing and ready-made portfolios
Hargreaves Lansdown
Hargreaves Lansdown
Free fund dealing and investment ideas
interactive investor
interactive investor
Flat-fee investing from £4.99 per month
InvestEngine
InvestEngine
Account and trading fee-free ETF investing
Trading 212
Trading 212
Free share dealing and no account fee
Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.
Compare the best investing account for you
#Tinned #tuna #company #Princes #eyes #1.5bn #London #float
