Private equity-backed insurer CFC is eyeing a £5billion London listing – lifting a market which has suffered a mass exodus.
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.
Good news: Private equity-backed insurer CFC is eyeing a £5billion London listing – lifting a market which has suffered a mass exodus
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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