Fresh from the oven: Telepizza serves up €550m IPO

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Fresh from the oven: Telepizza serves up €550m IPO

Telepizza website burger pizza for web

Telepizza, the Spanish pizza delivery group partly owned by Permira and KKR, closed its €550m IPO bookbuild today and is set to price it at €7.75 a share, a third of the way up the original range. It will use proceeds to repay debt, after restructuring its debt in 2014.

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