Deals
Restaurant Chain Cava Seeks to Raise Up to $274 Million in IPO
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Cava Group Inc. is seeking to raise as much as $274 million in an initial public offering, which would value the Mediterranean fast-casual restaurant chain at about $2.1 billion.
The Washington-based company plans to market more than 14 shares for $17 to $19 each, according to a filing Monday with the US Securities and Exchange Commission.