Sabre announces Stock Exchange float

Stock exchange

Sabre is set to float on the London Stock Exchange (LSE) next month.

The market has been predicting a float for some time following rumours that owner BC Partners wished to sell the provider.

According to Sabre the float is expected to raise £213m. Reports have suggested that the full IPO valuation could fall between £500 and £600m.

Motor insurer Sabre is known for its Insur2Drive, Drive Smart and Go Girl brands.

The business recently appointed former Aviva UK GI CEO Patrick Snowball as non

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