RAC Mulls $6.71 Billion London IPO, Bloomberg Says, Citing Sources

Dow Jones

03/24

--U.K. auto breakdown and recovery firm RAC Group has held talks with fund managers over a possible 5 billion-pound ($6.71 billion) initial public offering in London, Bloomberg reports, citing unnamed sources.

--The company--which is backed by private equity groups CVC Capital Partners and Silver Lake--could float this year, but no final decision on the offering or timing has been made, Bloomberg says.

--Representatives for RAC, CVC and Silver Lake declined to comment to Bloomberg.

Full story: https://tinyurl.com/be4emyj7

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

March 24, 2026 10:03 ET (14:03 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RAC","symbol_name":"Rithm Acquisition Corp","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2621098737","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2621098737","pubTimestamp":1774360980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"--U.K. auto breakdown and recovery firm RAC Group has held talks with fund managers over a possible 5 billion-pound  initial public offering in London, Bloomberg reports, citing unnamed sources.--The company--which is backed by private equity groups CVC Capital Partners and Silver Lake--could float this year, but no final decision on the offering or timing has been made, Bloomberg says.--Representatives for RAC, CVC and Silver Lake declined to comment to Bloomberg.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RAC":"Rithm Acquisition Corp"},"translate_title":"彭博社援引消息人士称，RAC考虑在伦敦进行67.1亿美元的IPO","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RAC":1.5},"content_text":"--U.K. auto breakdown and recovery firm RAC Group has held talks with fund managers over a possible 5 billion-pound ($6.71 billion) initial public offering in London, Bloomberg reports, citing unnamed sources. \n\n\n  --The company--which is backed by private equity groups CVC Capital Partners and Silver Lake--could float this year, but no final decision on the offering or timing has been made, Bloomberg says. \n\n\n  --Representatives for RAC, CVC and Silver Lake declined to comment to Bloomberg. \n\n\n \n\n\n  Full story: https://tinyurl.com/be4emyj7 \n\n\n \n\n\n  Write to Ian Walker at ian.walker@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 24, 2026 10:03 ET (14:03 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}