Insurer Hastings Motors Towards £1bn Listing

The owners of Hastings, one of the UK's fastest-growing insurers, have appointed investment bankers to steer the company towards a £1bn post-Election flotation. Sky News understands that Hastings has appointed Goldman Sachs and Credit Suisse to oversee a review of the company's options to take place during the coming months. Although any deal is unlikely to take place until later this year at the earliest, it will still mark a rapid exit for Goldman's merchant banking arm, which acquired just u