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

To continue reading...

You must be signed in to use this feature.

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: