Convenience store chain McColl’s eyes IPO - Convenience store - TopicsExpress

Convenience store chain McColl’s eyes IPO - Convenience store group McColls has unveiled its blueprint for a stock market float at the end of next month. The company, which runs 714 convenience stores and 562 newsagents under the Martins brand, hopes to raise 50 million in the IPO, with the proceeds used to pay down debt. The plan is to increase the number of convenience stores under its watch to 1,000 and reduce the number of newsagents to 350. Revenues rose to 86... ow.ly/2Di5iJ

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