Motor insurer Sabre exploring sale or IPO

The car insurer Sabre is considering an initial public offering
or a sale as its private equity owner looks to liquidate its
position, the London Evening Standard has reported.
Banking sources have been talking about a potential sale of the
specialty motor insurer for the last 12 months, with an abortive
sale process run by a boutique investment bank last year.
The Evening Standard reported that an IPO could value
the business at £600mn, which is the price tag that...