Britvic, the privately-owned soft drinks group, is expected to seek a stock market listing before the end of the year. An IPO of the business, which is jointly owned by InterContinental Hotels Group, Allied Domecq, Whitbread and Pepsi, will value the business at between £750m and £800m. The company is understood to have appointed Citigroup and Deutsche Bank as joint-lead bookrunners to the float, with Merrill Lynch a co-sponsor. The firms that own Britvic had been looking at a four-year window - between 2005 and 2008 - to float the business, but have decided to float the business this year to take advantage of the rising stock market. The company will be chaired by former Railtrack boss and current Woolworths chair Gerald Corbett. Managing director Paul Moody will remain at the helm while John Gibney will continue in his role as finance director. Britvic increased sales by just over 1% to £370m in the half-year to 30 June, when operating profits rose 5.4% to £39m.