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The investors are hoping to raise money wealth funds to allow a partial exit in a deal that would value the entire business at up to $10 billion.
(Bloomberg) -- Investors are about to get a first look at what sell-side analysts have to say about Cava Group Inc. after the fast-casual restaurant chain delivered one of the biggest trading debuts in two years.Most Read from BloombergUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalMeta’s Threads App Draws Millions Seeking a Twitter AlternativeApple Plans a Slow, Appointment-Only Rollout of Its $3,500 Vision ProMusk Ultimatum to Taiwan Imperils Its Push to War-Proof InternetChinese
Sell-side analysts exiting a quiet period might soon poke holes in Cava Group's $4.6 billion valuation.
One of the first things to go when budgets are being tightened is dining out. Restaurants are bracing for the worst this summer thanks to inflation.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero