Financial Times FT.com

Patchi chocolatiers plan float

By Jenny Wiggins in London

Published: August 9 2009 20:11 | Last updated: August 9 2009 20:11

Patchi, the family-owned Lebanese chocolate chain, is planning stock listings in Dubai and London to help fund its global expansion, which could include a line of cafés in addition to its chocolate shops.

The group, which is wholly owned by Nizar Choucair, its founder and chairman, has hired financial advisers for a primary listing in Dubai and a secondary listing in London. Up to 49 per cent of the company would be floated.

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