Dunkin' Donuts is reportedly mulling an initial public offering of roughly $500 million in a move that would put it in even greater competition with rival Starbucks (SBUX), according to media reports.
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The private-equity-backed Dunkin’ Brands IPO could be as large as $750 million, according to a report by Reuters, citing a person familiar with the matter. The discussions are preliminary at this time and could change.
The company, which also operates Baskin-Robbins, was brought private in a $2.4 billion cash deal in 2005 by private-equity companies Bain Capital, The Carlyle Group and Thomas H. Lee Partners.