Restaurant Chain Cava Set to Launch IPO

Coming offering is seen as key test for money-losing companies seeking to go public

Cava Group is said to be aiming for a valuation of as much as $2.2 billion. Photo: Mario Tama/Getty Images

Mediterranean-style restaurant chain Cava Group is set to start marketing its initial public offering in a key test of investor appetite for fast-growing companies that are still unprofitable. 

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