Private equity-backed insurance firm CFC eyes City float
The firm, owned by EQT and Vitruvian Partners, is said to be in talks with bankers over options, which could include a sale or an initial public offering.
There have been just nine listings in London this year. Three were on the main market and six on AIM.
The listings raised just £182.8m – a 64 per cent drop from the same period a year ago, according to analysts.
CFC, a cyber security insurance specialist, was bought by Swedish giant EQT and investment firm Vitruvian for £2.5billion in 2021.
A London float is being considered, according to the Financial Times, with rival
New York also on the table. Talks are in the early stages, say reports.
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Reuters
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Out-gunned Europe accepts least-worst US trade deal
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The Sun
11 minutes ago
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The Sun
11 minutes ago
- The Sun
Fury as bankrupt Birmingham council offering asylum seekers huge discounts on swimming, golf, trampolining & Villa games
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