Little Sheep Chinese Restaurant IPO: HongKong

Another IPO is coming to the Hong Kong Markets. Chinese hot pot restaurant Little Sheep Group Limited is expected to hit the stock markets through an IPO or initial public offering

What is the size of the Little Sheep IPO?
The Little Sheep IPO plans to raise around $105.7 million in a Hong Kong initial public offering.

How many shares will be offered for sale through the Little Sheep IPO?
A total of 224 million shares will be offered for sale through the Little Sheep IPO.

What is the price band of the Little Sheep IPO shares?
The Little Sheep IPO shares have been priced in the price range of HK$2.68-HK$3.68 per share.

What are the business valuations and market standings of the Little Sheep Group?
Private equity firm 3i Group Plc has a big stake. Merrill Lynch and Deutsche Bank DBKGn.DE are sponsoring the deal.

Let’s see how this IPO from Little Sheep Group performs in the market once it opens up for subscription.

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