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Sovos Brands, Brilliant Earth Join Fall Ipo Kick-off Frenzy

by finance.yahoo.com posted 5days ago 14 views
(Bloomberg) -- Sovos Brands Inc., the owner of Rao’s Homemade pasta sauces, as well as online jeweler Brilliant Earth Group Inc. launched roadshows for their U.S. initial public offering on Tuesday, joining a post-Labor Day listings rush. Sovos Brands, backed by private equity firm Advent International, is seeking to raise as much as $373 million in its IPO. The company plans to sell 23.3 million shares for $14 to $16 apiece, its filing with the U.S. Securities and Exchange Commission shows.

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