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Big win for small broker as Bakkavor IPO is back on

Peel Hunt has won a bigger role on the £100m float, as the food group reverses its decision to pull the IPO

Big win for small broker as Bakkavor IPO is back on

A London listing pulled just a week ago on the back of market volatility is back on — with a small City broking firm winning a bigger role on the deal in the process.

Bakkavor, which makes ready meals, pizzas, desserts and other foods, expects to have a market capitalisation of £1bn and to raise £100m from its initial public offering on the London Stock Exchange on November 16.

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