Australian fast-food chain Guzman y Gomez plans a $2.2bn IPO in June to fund expansion to 1,000 Australian restaurants in 20 years.
Australian fast-food chain Guzman y Gomez is going public with a $2.2bn IPO in June, offering 11.1 million shares at $22 each. The proceeds will be used for expanding its corporate restaurant network in Australia, with plans to grow its Australian network to over 1,000 restaurants within the next 20 years. The company currently operates 210 stores across four countries and had $759m in sales during the last financial year.
May 31, 2024
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