Speaking at the Succession annual conference in Bovey Castle, Devon, Simon Chamberlain said there was no set date for this but claimed he already had received interest from private equity firms.
He said: “Our aim is to be sitting with £7bn generating £70m to £80m of recurring income.
“We will have a valuation of £500m. This could be realised through an IPO or private equity. We will go for whatever is best for our shareholders at the time.”
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