RAC reportedly puts proposed £5bn London listing on hold
Sky News reports that co-owner CVC Capital and other investors are leading a buyout of stakes held by GIC and Silver Lake.
TLDR
Sky News reports that RAC is shelving its proposed £5bn London stock market listing as its owners opt for a continuation vehicle. The reported plan involves co-owner CVC Capital and other investors leading a buyout of stakes in the driving services group owned by GIC and Silver Lake.
Combined views
75K
1 Source, first seen ago