The owners of The Daily Telegraph are eyeing a £4bn windfall from a flotation of Very Group, their online shopping empire.Sky News has learnt that the Barclay family has appointed STJ Advisors, which works with companies ahead of public listings, to prepare Very Group for a stock market debut next year.
The appointment of STJ is the clearest sign to date that the Barclays are intent on taking one of their businesses public for the first time.Nevertheless, sources cautioned that a partial stake sale, with the company remaining privately held, also continued to be an option.The family …
