Blackburn-based petrol station and convenience store giant EG Group is exploring options including a possible sale or an IPO, according to people familiar with the matter, Bloomberg reported.
EG Group’s owners include the billionaire Issa brothers and TDR Capital.
The Blackburn company is working with advisers including Rothschild, Goldman Sachs, Morgan Stanley and Barclays.
EG Group could be valued at about $15 billion in any deal, Bloomberg reported.
“EG Group regularly works with its advisers to explore a wide range of options to create value in its portfolio,” said a spokesperson for EG Group.