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The Liverpool-based owner of Napolina pasta and tinned tuna brand Princes is set to raise around 420 million pounds in the share sale after pricing its shares at 475 pence each.

The IPO is among London’s biggest in recent years and comes amid signs of a revival in activity on London’s markets ...

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Princes Group is floating with a market capitalisation of about £1.16bn after announcing the pricing of its IPO at the bottom end of the range unveiled by the tinned tuna business earlier this month.