Sabre leans towards IPO as sale talks stall
Specialist motor insurer Sabre is gearing up for an IPO after
its auction process failed to attract the valuations its private
equity owners were targeting, The Insurance
Insider can reveal.
Sources told this publication that talks with private equity
house Centerbridge, which had minority support for its bid from
Qatar Insurance Company, have stuttered in recent weeks.
The Centerbridge consortium is believed to have been the sole
party left in the Evercore-run process after Warburg Pincus
exite
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