NEWS
Paul Hastings Advises Princes Group on Its £1.16 billion IPO on the London Stock Exchange
October 31, 2025
Paul Hastings (Europe) is advising Princes Group, a leading international platform in the U.K. and European food and beverage sector, on its IPO on the London Stock Exchange’s Main Market, with a market capitalization of £1.16 billion. The offering, which comprises 84,210,526 new ordinary shares at an offer price of £4.75 and seeks to raise £400 million, is expected to close on Nov. 5, 2025, subject to customary closing conditions.
The IPO consists of an offering to certain institutional investors in the U.K. and elsewhere outside the U.S. in reliance on Regulation S, as well as to QIBs in the U.S. pursuant to Rule 144A under the U.S. Securities Act of 1933 and an offering to retail investors through RetailBook’s network of intermediaries in the U.K.
Securities and Capital Markets partners Dan Hirschovits and Max Kirchner led the cross-border Paul Hastings team, which included partner Suzanne Horne, associates James Lansdown, Pierfrancesco Benedetti, Tommaso d’Andrea di Pescopagano, Macario Chung, Julian Schmitz, Abigail Hung and Matt Sharples and trainee solicitor Piers Fleming.
More details about the transaction can be found here.
About Paul Hastings
With widely recognized elite teams across 17 core practices, Paul Hastings is a premier law firm with a culture of excellence focused on providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers and corporations.