Motor insurer Sabre could be set to float on the Stock Exchange as part of a sale valuing it at £600m.
The Evening Standard reported that majority owner BC Partners is selling the insurer which is known for its Insur2Drive, Drive Smart and Go Girl brands.
However, according to the article, a number of private equity houses are also in the running to buy the provider with Warburg Pincus believed to be the front-runner in this field.
BC Partners bought its majority stake in Sabre
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