McCarthy & Stone is planning a return to the stock market, nearly 10 years after it was taken private in 2006.
The company plans to raise £70m from an issue of shares, and will use the proceeds to buy land and fund construction. The listing could value the company at £1bn.
Around 57% of the company is owned by Goldman Sachs, TPG, Anchorage and Strategic Value Partners. Goldman Sachs will be joined by Deutsche Bank and Jeffries as bookrunners on the issue.
Click here for the full Times article (£)
Click here for the full FT article (£)
The Independent, p. 57
