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Virgin Active: Richard Branson-founded chain eyes UK listing

Summary by City AM
The billionaire majority owner of Virgin Active is looking to list the business in the UK, according to reports. South African Christo Wiese owns the company private equity firm Brait, while Richard Branson’s Virgin Group holds a 16.8 per cent stake. A listing is “most likely” to be in the UK, with a secondary offer in Johannesburg, Brait CEO Peter Hayward-Butt said in an interview with Bloomberg on Wednesday. Wiese bought into the brand in 2015…
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