Princes Group eyes up to $1.7 billion valuation in London IPO

Newprinces SpA

22/10/2025 07:22

Oct 22 (Reuters) - Princes Group is targeting an estimated 1.16-billion to 1.24-billion-pound ($1.56-$1.66 billion) market valuation in its London IPO, the Liverpool-based company said on Wednesday, with the price range set between 475p and 590p per ordinary share.

($1 = 0.7451 pounds)

 (Reporting by Yamini Kalia in Bengaluru; Editing by Sherry Jacob-Phillips)

 ((Yamini.Kalia@thomsonreuters.com))