Fragrance Shop owner considering £200m IPO
The Manchester-based entrepreneur behind The Fragrance Shop is weighing up a possible £200m stock market float.
The chain owned by Sanjay Vadera is in talks with investment bank Rothschild over a possible stock market listing, according to Sky News.
Reports suggest city advisers have been asked to bid for work on an initial public offering.
However, The Fragrance Shop – its 215 shops making it the UK’s largest independent perfume retailer – is unlikely to float, if at all, until 2019.
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