Tragus Group mulls IPO

Tragus Group, the UK restaurant group that owns the Café Rouge, Bella Italia and Strada chains, is considering a £500 mln (EUR 737 mln) flotation next year, the online edition of The Times newspaper reported on Wednesday. Tragus, which is controlled by private equity firm Blackstone, is said to be preparing to appoint advisers from among a range of investment banks including Goldman Sachs, Citigroup and UBS to oversee the Initial Public Offering (IPO).

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