Owner of Pret A Manger plans stock market flotation & may sell stake in business

Alan MacGregor Ewing

THE owner of Pret A Manger plans a stock market flotation — and could consider selling a stake in the business first.

Luxembourg-based firm Jab Holding bought the sandwich chain for £1.5billion in 2018.

GettyThe owner of Pret A Manger plans a stock market flotation — and could consider selling a stake in the business first[/caption]

But the pandemic saw it post a £343million loss in 2020 as its key customers — office workers and commuters — were kept at home.