Pure Gym bounces back from failed IPO with plans for £500m sale
Leeds fitness club chain Pure Gym, which abandoned plans for a stock market listing last year, is understood to be considering a £500m sale.
After announcing its intention to float in September, the following month, the business decided not proceed with an IPO after saying that pursuing a listing in a “period of market volatility” was not in the long-term interests of the company and its stakeholders.
The chain was expecting to raise £190m on its admission to the official list of the London Stock Market but abandoned the p... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
