Priory Group owner of rehab clinics plans stock market flotation

• Upmarket chain of rehab clinics aims to raise £1.3bn • Royal Bank of Scotland has a 45% stake in the businessThe Priory Group, owner of the rehab clinic chain made famous by celebrity clients including Kate Moss, Amy Winehouse and Robbie Williams, is planning a stock market flotation to fund an ambitious expansion of the business.The company said it aims to announce an initial public offering this year, potentially valuing the business at about £1.3bn, and would appoint advis...

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