Pure Gym to float on London Stock Exchange

Discussion in 'Market News' started by Lily, Sep 14, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    UK’s largest fitness chain plans to raise 190m from listing to pay off debts and expand

    Britain’s biggest gym operator Pure Gym has revealed plans to float on the London Stock Exchange, raising £190m to pay off debts and fund expansion.

    The no-frills fitness chain said a stock market listing would allow the company to raise its profile and increase its network of gyms, as well as open the door to more acquisitions.

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