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Private equity-backed Savers Value Village targets $2.7 billion valuation in US IPO

Savers Value Village said on Tuesday it aims to raise up to nearly $320 million for an initial public offering that would value the U.S. thrift store operator at about $2.7 billion. A string of share offerings, including by restaurant chain Cava Group and consumer health firm Kenvue, are reviving the IPO market, which has been hit hard in the past year by rising interest rates. Energy contractor Kodiak Gas Services and reinsurer Fidelis Insurance Holdings announced on Tuesday that they were go...
New York United States New York Stock Exchange Richard Chang Chibuike Oguh Lance Tupper
Source: yahoo.com

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