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A pair of companies delayed their IPOs, sending a ripple of anxiety through the US market as investors wait for Anthropic PBC’s hotly anticipated debut to materialize.
The RAC, Britain's oldest breakdown recovery service, is shelving plans for a multibillion pound London stock market listing in favour of a deal that will see two of its three shareholders offloading their stakes in a private transaction. Sky News has learnt that the RAC and its investors have commenced work on a so-called continuation vehicle which will involve CVC Capital Partners remaining an investor in one of the UK's best-known motoring services brands. The RAC's other shareholders - Singaporean state investment fund GIC and Silver Lake Partners - are in advanced talks to sell their st
Bamboo Insurance Services, Inc. ("Bamboo Insurance"), a technology-enabled, underwriting-first, and capital-light managing general underwriter focused on homeowners' coverage, today announced that it has launched the roadshow for its proposed initial public offering of 35,000,000 shares of its Class A common stock. The offering consists entirely of secondary shares to be sold by entities affiliated with CVC Capital Partners and White Mountains Insurance Group, Ltd. (together, the "selling stockh
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