Mexican-inspired fast food chain Guzman y Gomez to list on Australian stock exchange

Mexican-inspired fast food chain Guzman y Gomez will list on the Australian stock exchange after completing a $242.5 million offer - the second-biggest of the year. The Sydney-headquartered chain founded in 2006 has 185 restaurants in Australia and plans to use the funds to open dozens more.

3 million in 2023/23 to $59.9 million in 2024/25. The $242.5 million initial public offer to institutional and some retail investors values Guzman y Gomez at $2.2 billion. Some 11.1 million shares will be offered for sale at $22 each. This will be the second-biggest float of 2024 after copper miner Metals Acquisition raised $325 million upon debut in February.

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