Restaurant companies including Panera Brands are looking at testing stock investors' demand for initial public offerings
More restaurant companies are aiming to test investors’ demand for new listings after the sectorFogo Hospitality Inc.
, the parent company of a Brazilian-style steakhouse chain, is aiming for an initial public offering as early as spring, according to people familiar with the matter. Other restaurant companies including Panera Brands Inc. and Cava Group Inc., the parent company of a Mediterranean chain, are aiming for an offering in the first half of the year as long as markets keep improving, according to people briefed on the plans.
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