Inigo Owners Said to Weigh Options for Lloyd's of London Insurer [Yahoo! Finance Canada]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: Yahoo! Finance Canada
specialist insurance group including a potential sale, according to people familiar with the matter. Most Read from Bloomberg The shareholders, which include buyout firm JC Flowers & Co. and Qatar Investment Authority, are working with Evercore Inc. on the strategic review, the people said. They are seeking a valuation of as much as £2 billion ($2.5 billion), one of the people said. Selling the entire business or a minority stake are among alternatives under consideration, while an initial public offering could also be an option though it's less preferred, the people said. A deal could happen as soon as next year, the people said, asking not to be identified as the information is private. Deliberations are preliminary and there's no certainty that a transaction will materialize, the people said. London-based Inigo started writing policies in early 2021 after raising $800 million from a group of investors and buying a Lloyd's managing agency, according to its website. Besides
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Earnings
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EVR
Sec Filings
- 11/22/24 - Form 4
- 11/22/24 - Form 144
- 11/21/24 - Form 144
- EVR's page on the SEC website