EG Group targets $13bn New York IPO to drive growth and reduce debt
Private Equity Insights
JANUARY 14, 2025
EG Group aims to use the proceeds to reduce its $9bn debt and fund expansion, with a focus on strengthening its US operations. Ahead of the IPO, EG Group has taken steps to optimise its financial structure, including divesting non-core assets. The IPO will reportedly value the UK-based firm at approximately 10.7bn ($13bn).
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