DFS is to target a valuation of between £600m and £1b in a long-awaited London stock market listing on 4th February that will include a substantial offering to retail investors, according to Sky News.
The company is owned by private equity group Advent International, which bought DFS in 2010.
In a trading statement issued last month, chief executive Ian Filby said: "I am very pleased to report another strong quarterly performance, building on the momentum established in the second half of our last financial year. Our results aggregated for the last four quarters, covering the period ended 1st November 2014, represent a record 12 months for DFS."
Source:
http://www.furniturenews.net/news/articles/2015/01/714120249-dfs-embark-stock-market-flotation
