Private equity-backed UK discount retailer B&M is reportedly set to float on the London Stock Exchange in a listing which could see it valued at more than £2bn.
Clayton, Dubilier & Rice bought a stake in the chain, which sells outdoor furniture, electricals, homeware and consumer items, in 2012 in a deal thought to value the company at £965m.
Advent, Blackstone, BC Partners, KKR, Cinven, Apax Partners and CVC were all linked with a deal for the company at the time.
Reuters reported last month that B&M was looking to refinance £585m of loans ahead of a potential listing.
It said the company made gross profits of £88.3m in 2012, adding that a £2bn valuation would be at about 23 times its EBITDA.
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