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RAC slams brakes on blockbuster London IPO

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City AM
RAC slams brakes on blockbuster London IPO
The RAC has slammed the brakes on its £5bn London listing in favour of a private deal, landing another blow against the UK’s ailing public markets.  Britain’s oldest breakdown recovery service has begun working on a deal which would see private equity backer CVC Capital Partners remain a major investor while other shareholders exit the [...]
22 Sept, 16:07
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