Partnership valued at £1.5bn for IPO

Jenna Towler
clock

Partnership Assurance Group, the enhanced annuity specialist, has set its offer price at 385p per share meaning its implied market capitalisation for its initial public offering (IPO) is £1.5bn.

It is expected the group will be eligible for inclusion in the FTSE 250 index from September and conditional dealings on the London Stock Exchange are due to start today at 8am.  Its offer size ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

PPF finds aggregate DB surplus fell by £13bn in April

PPF finds aggregate DB surplus fell by £13bn in April

Tariff uncertainty meant surplus fell for third month in a row to £202.5bn

Jasmine Urquhart
clock 13 May 2025 • 1 min read
Partner Insight: Active run-on - A new endgame strategy for defined benefit schemes

Partner Insight: Active run-on - A new endgame strategy for defined benefit schemes

Aon
clock 13 May 2025 • 1 min read
Partner Insight: Real world experience of a pensions captive

Partner Insight: Real world experience of a pensions captive

Aon
clock 12 May 2025 • 1 min read
Trustpilot