Initial Public Offering

Bakkavor founders, Lydur (left) and Agust (right) Gudmundsson

Bakkavor ditches plans for stock market flotation

By Rick Pendrous

Bakkavor, the own-label chilled foods group, has ditched its plans for a £1bn-plus stock market flotation, in an announcement released today (November 3) because of “current volatility” in the market.

On average, one new store a week was opened by B&M in the past 12 months

B&M to open 60 stores after profit surge

By Nicholas Robinson

Discounter B&M will open 60 new stores in the UK, after reporting substantial revenue growth in the first set of results following its £2bn initial public offering (IPO) last year.

United Biscuits quiet on stock-float rumours

United Biscuits quiet on stock market float rumours

By Nicholas Robinson

United Biscuits’ joint-owners PAI Partners and Blackstone have neither denied nor confirmed rumours they are preparing to float the biscuit heavyweight on the stock market, despite analysts welcoming the idea.