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JD Sports-backed Applied Nutrition plans London IPO this year

Bloomberg
Bloomberg • 2 min read
JD Sports-backed Applied Nutrition plans London IPO this year
Just eight companies have raised US$774 million ($1 billion) via UK IPOs in the year to date. Photo: Bloomberg
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Applied Nutrition, a sports nutrition, health and wellness company, is preparing for an initial public offering in London in the fourth quarter of this year.

The Liverpool, UK-based company, which counts JD Sports Fashion among its backers, is actively readying itself for a first-time share sale on the main market of the London Stock Exchange, according to a statement Tuesday.

“We believe London is an exceptional home for growth companies and if everything falls into place, we hope to deliver another successful IPO to the London market,” CEO Thomas Ryder said in the statement.

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