C&C set for stock market listing

THE drinks and snack food group C&C is set to announce plans soon for a stock market listing this summer, according to reports yesterday.

C&C, which owns Bulmers cider, Tayto crisps and Ballygowan mineral water, scrapped a planned flotation two years ago on the Dublin and London stock markets because of the poor investment climate.

However, C&C is said to have had its financial advisers explore the possibility of a summer flotation, which could value the company at €1 billion.