Deals
Freshii Salad Chain Said to Be Interviewing Banks to Explore IPO
- Health-food company said to be valued at as much as $1 billion
- Maker of rice bowls could go public as soon as next year
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Freshii, the health-food restaurant chain that serves salads and rice bowls, is interviewing bankers to explore a possible initial public offering, people with knowledge of the matter said.
The company, which has offices in both Chicago and Toronto, could go public as soon as next year, said one of the people, who asked not to be identified because the information is private. Freshii could be valued at as much as $1 billion in an IPO and would probably list on a U.S. exchange, another person said.