Pizza Express may refloat for €1.34bn

RESTAURANT Restaurant chain Pizza Express could soon be back on investor’s menus after it was reported to be planning a stock market return.

The firm, taken private two years ago, is expected to float for up to £900 million (€1.34 billion) and is understood to have lined up David Ross, co-chairman of Carphone Warehouse, as chairman.

Pizza Express has some 300 outlets in Ireland and Britain, and is said to be delivering double-digit percentage increases in like-for-like sales.