Tuna firm Princes floats valued at nearly £1.2bn in boost for London market
Business secretary hails IPO as ‘huge vote of confidence’ but stock launches at bottom end of target rangeBusiness live – latest updatesTinned tuna maker Princes Group has kicked off a float with a valuation of nearly £1.2bn in a boost for the London stock market.The debut of the shares in...
<p>Business secretary hails IPO as ‘huge vote of confidence’ but stock launches at bottom end of target range</p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/oct/31/uk-house-prices-rise-asian-stocks-mixed-tech-earnings-business-live-news">Business live – latest updates</a></p></li></ul><p>Tinned tuna maker Princes Group has kicked off a float with a valuation of nearly £1.2bn in a boost for the London stock market.</p><p>The debut of the shares in the almost 150-year-old company, which is <a href="https://www.theguardian.com/business/2025/oct/03/lse-boost-as-beauty-group-lists-and-tinned-fish-brand-confirms-plans-for-ipo">best known for its Princes tinned tuna and Napolina tinned tomatoes</a>, olive oil and pasta, marks a rare bright spot in the UK’s lacklustre market for flotations.</p> <a href="https://www.theguardian.com/business/2025/oct/31/tinned-tuna-firm-princes-for-london-market-ipo-stock">Continue reading...</a>
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