Dublin-based cider, soft drinks and snacks group, C&C is expected to float its business on both sides of the Irish Sea for some £600m in the wake of no reasonable offers for the company from private equity firms.

The Guardian reported that C&C - which owns the Bulmer cider, Tayto crisps and Ballygowan water -scrapped plans for a similar dual-listed float two years ago due to volatile market conditions.

C&C chief executive Maurice Pratt told the paper that it was “excited by the opportunities afforded by public company status”.