Applied Nutrition seeks to raise up to $520 million in London IPO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 15 2024
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Source: Yahoo Finance
IPO Details: Applied Nutrition plans to raise up to 400 million pounds in its London IPO, with shares priced between 136 pence and 160 pence, valuing the company at 340 to 400 million pounds.
Support from Entrepreneurs: The IPO is backed by notable British entrepreneurs, including Asda's co-owner Mohsin Issa, who have committed to invest up to 25 million pounds.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
