Hyperion plans stake sale, reports say

Sale sign

Hyperion is planning a minority stake sale and has hired Morgan Stanley to advise on the matter according to reports.

An article on Reuters stated that the broker is hoping to sell around 25% of the business to a sovereign wealth fund or long term investor.

Hyperion is the owner of brokers RK Harrison, Howden and underwriter Dual.

Results
Hyperion reported a 45% increase in revenue for the financial year ended 30 September 2016 to £434m.

However it made a loss of £38m due to the RK Harrison

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: