Shawbrook Bank owners consider London IPO - reports

BC Partners and Pollen Street Capital

Eve Maddock-Jones
clock • 1 min read
The PE owners previously considered a public offering in 2022, which they sought a £2bn valuation for at the time, but dropped the plans last year, according to the times.
Image:

The PE owners previously considered a public offering in 2022, which they sought a £2bn valuation for at the time, but dropped the plans last year, according to the times.

Shawbrook Bank’s private equity parent companies are considering a public listing of the firm on the London Stock Exchange.

According to reports from The Times, some City investors have "understood" that BC Partners and Pollen Street Capital, which bought Shawbrook for £868m in 2017, are considering an initial public offering of the latter.

Flutter Entertainment eyes move of primary listing to New York

Pollen Street Capital and BC Partners declined to comment. Shawbrook has been contacted for comment.

The private equity owners previously considered a public offering in 2022, which they sought a £2bn valuation for at the time, but dropped the plans last year, according to the newspaper.

Several firms have declared its plans to publicly list on the UK market so far this year, but outside of AIM no company has actually initiated an IPO on the London Stock Exchange yet.

More on UK

UK statistics regulator withholds endorsement of UK jobs data - reports
UK

UK statistics regulator withholds endorsement of UK jobs data - reports

‘Way to go’ for reliability

clock 12 February 2024 • 2 min read
Shawbrook Bank owners consider London IPO - reports
UK

Shawbrook Bank owners consider London IPO - reports

BC Partners and Pollen Street Capital

Eve Maddock-Jones
clock 12 February 2024 • 1 min read
BoE policymaker pushes for rate cuts in warning of 'downside risks' for UK economy - reports
UK

BoE policymaker pushes for rate cuts in warning of 'downside risks' for UK economy - reports

External MPC member Swati Dhingra

Valeria Martinez
clock 06 February 2024 • 1 min read
Trustpilot