Applied Nutrition prices London IPO near lower end of range
Oct 24 (Reuters) -Applied Nutrition IPO-APPL.L, a British sports nutrition-related business, on Thursday priced its London initial price offering at the lower end of its indicated range, valuing it at 350 million pounds ($452.87 million).
The company, which is backed by JD Sports JD.L, priced its offering 140 pence per share, at the lower end of its target range of 136 pence to 160 pence.
($1 = 0.7729 pounds)
Reporting by Yamini Kalia in Bengaluru; Editing by Mrigank Dhaniwala
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