C&C tipped for stock market debut

Food and beverage giant C&C is being tipped to make a stock market debut next month, with shares being sold to institutional investors only.

According to a report in The Sunday Times, the company is expected to outline its strategy when it publishes its results for the year to February during the next few weeks.

The company, which owns brands including Tayto and Ballygowan, has hired Davy Stockbrokers, IBI Corporate Finance, Goldman Sachs and Citigroup Smith Barney to advise on its flotation.