Gas-Station Giant EG Group Said to File for $1 Billion IPO (1)

EG Group, the gas station and convenience store operator, has confidentially filed for a US initial public offering that could raise about $1 billion, people familiar with the matter said.

The company, which is backed by buyout firm TDR Capital, is considering seeking a valuation of about $9 billion in the IPO, according to the people. The listing could come as soon as July, they said.

Deliberations are ongoing and no final decisions on the size or timing of an IPO have been made, the people said, asking not to be identified discussing confidential information. Representatives for EG ...