Princes Group Aims for £1.5 Billion IPO on London Market by Month's End

Princes Group, a Liverpool-based food company, plans to launch an Initial public offering on the London market with a valuation of £1.5 billion by the end of October.

• Princes Group, known for its Tuna and Napolina brands, is set to debut on the London market aiming for a £1.5 billion valuation.
• The nearly 150-year-old Princes Group, headquartered in Liverpools iconic Liver Building, is owned by the Italian food firm Newlat.
• The Initial public offering is significant for the United Kingdoms food sector, indicating investor confidence in established brands like Princes Group.