Private equity firms Blackstone and Permira received a subdued reception from public market investors on Thursday as portfolio companies Jersey Mike’s and Reformation made their stock market debuts, according to a report by the Financial Times.
Shares in restaurant chain Jersey Mike’s fell around 6% on their first day of trading after pricing at $23 per share, while fashion retailer Reformation finished broadly unchanged after listing at $15.08, highlighting continued caution towards consumer-fo...
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