Waterstones’ owner prepares for potential IPO next year
A flotation is on the cards next year for bookseller Waterstones and its US stablemate Barnes & Noble.
Waterstones and Barnes & Noble are respectively the biggest book retailers in the UK and US. Between them they operate 775 branches in the US and 316 in the UK. Last year, the business generated profits of approximately $400m on sales of $3bn.
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