Doughty Hanson, the UK private equity firm, today announced a second attempt to float RHM. It plans to bring the UK food group to market next month with a capitalisation of between £1.1bn (€1.65bn) and £1.3bn. Credit Suisse First Boston is the sole bookrunner, global co-ordinator and sole sponsor.
The group will use the money to pay debt and help plug a pension fund hole of about £500m.