Guzman y Gomez unveils $2.2b listing in bumper pay day for backers
Updated
Guzman y Gomez plans to list on the ASX in June, paving the way for the Mexican-themed restaurant chain’s key backers to realise a lucrative payday.
Guzman y Gomez confirmed on Friday it will proceed with a fully underwritten float of 11.1 million shares at $22 apiece or $242.5 million – $42.5 million of which is a sell down by some existing holders – for a $2.2 billion valuation. There is no public offer.
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