Initial public offering (IPO)
AA planning £4bn IPO - reports
The AA's parent group Acromas is expected to announce a £4bn IPO of the insurer, according to reports.
National Accident Helpline enters London Stock Exchange
Shares in claims management firm National Accident Helpline have begun trading on the London Stock Exchange’s AIM market.
Esure IPO highlights UK prominence in private equity domain
The UK has asserted itself as a key market for private equity activity, according to a study by international law firm White & Chase.
Slashed offer price sees Saga valued at £2.1bn
Saga executive chairman Andrew Goodsell has expressed his satisfaction at the demand for Saga shares after the offer price was cut to 185p resulting in a market capitalisation value of £2.1bn.
ING injects further €850m of capital ahead of listing
So far this year ING has provided €1.85bn of capital to its insurance arm the NN Group ahead of an expected listing in Amsterdam.
Saga confirms £550m float plans
Saga has formally declared its plans to launch an initial public offering for at least 25% of the business, raising £550m.
Union bosses to protest AA debt loading ahead of Saga float
GMB union leaders will hold a protest outside the London Stock Exchange on Wednesday over the expected loading of £4bn debts on the AA motoring organisation once Saga floats.
Saga eyeing £3bn float for next week, states report
Acromas-owned insurer Saga is plotting to enter the UK stock market as soon as next week according to reports.
National Accident Helpline tipped for £100m IPO
National Accident Helpline has announced plans for an initial public offering, with reports valuing the company at £100m.
Brit IPO raises £240m for shareholders
Lloyd’s insurer Brit has priced its shares at 240p each as part of its IPO which has raised around £240m for shareholders.
Coface CEO eyes imminent IPO following 'good' 2013 results
Coface chief executive Jeam-Marc Pillu has turned his attention to launching an initial public offering in the first half of the year after achieving “strong” commercial growth in 2013.
Soft rates stall motor insurance IPOs after Esure falters
SNL Financial says ‘no bottom in sight’ for motor pricing.
Brit confirms plans for April float in London
Brit has confirmed plans to float on the London Stock Exchange in an initial public offering will come to fruition in April.
Saga looks to customers for interest in IPO plans
Over-50s insurer Saga is to determine customer interest in its proposed stock market float with an online campaign where consumers can register their interest in becoming shareholders.
Domino's Pizza CEO to lead Saga to market flotation
Saga is expected to unveil outgoing Domino’s Pizza chief executive Lance Batchelor as its new CEO in May next year, as the over 50s travel and health insurer steps up plans for a market float.
Uniqa to raise €750m from share sale
Austrian insurer Uniqa has launched a ‘Re-IPO’ share sale with views to raising around €750m.
RBS announces plans to sell more Direct Line shares
The Royal Bank of Scotland has announced its intention to sell more of its shareholding in Direct Line Group.
Interview: Markel's William Stovin: Culture club
Happy with the cultural fit following Markel’s $3.1bn acquisition of Alterra, president and chief operating officer William Stovin is looking to drive the newly merged firm forward.
ING’s European IPO draws nearer while profits fall
Dutch financial group ING continues to prepare for the public float of its European insurance business with plans to separate ING US from ING Insurance to speed up its initial public offering.
The Co-operative plans stock market listing
Shares in the Co-operative Bank will be available on the stock market for the first time as part of a plan to strengthen its capital position to the tine of £1.5bn.
Initial Public Offerings: A good time to float
Following successful initial public offerings by Direct Line Group and Esure, many industry commentators believe market conditions are currently perfect for further flotations. So, is it time for others to go public?
Private equity backers fail in aim to boost targets' productivity, says study
Publicly listed firms that are subject to a private-equity buy-out see their performance fall further behind industry rivals, according to research by three academic institutions.
ING plots European IPO
Dutch financial giant ING is preparing a case for an initial public offering of its European insurance business, with a target of going to market in 2014.