Hotel Chocolat Gets $242 Million Price Tag in London Listing

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  • Founders and managers take out 43.5 million pounds in IPO
  • Company raises 12 million pounds, adding to `chocolate bonds'

Hotel Chocolat Group Plc, the U.K. luxury chocolate retailer, will be valued at 167 million pounds ($242 million) when it lists shares on London’s Alternative Investment Market next week.

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