PEP considers Collins Food Group IPO
Pacific Equity Partners wants to take Collins Foods Group public before the end of the year with a target enterprise value of $400 million. According to the Australian Financial Review, Deutsche Bank and UBS are close to finishing pre-marketing research on the deal.
Collins is responsible for the KFC and Sizzler franchises in Australia. Domino's Pizza Enterprises, which currently trades at a forward price-to-earnings ratio of about 18, is seen as the best comparative...
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