Shawbrook targets £2bn of market capitalisation in IPO
Yahoo Finance·2025-10-22 22:49
Shawbrook Group has disclosed the price range for its forthcoming initial public offering (IPO), aiming for a market capitalisation of £1.8bn (2.7bn) upon admission to the London Stock Exchange. The financial institution, which had previously declared its intentions to go public this month, is expected to finalise its admission on 4 November 2025, with shares priced between 350p and 390p. The current sole shareholder of the company, Marlin Bidco, is expected to offload between 79.9 mill ...