Private equity firm Bridgepoint confirms listing plan
LONDON, July 6 (Reuters) - Private equity firm Bridgepoint said on Tuesday it would list on the London Stock Exchange to raise 300 million pounds ($416.82 million) to support its growth plans.
Bridgepoint said it intends to offer its shares on the premium segment with a free float of at least 25% of its share capital, and expects to be eligible for the FTSE UK stock indices.
Bridgepoint, which focuses on mid-sized deals of up to 1 billion euros, was formed in 2000 after a management buyout of NatWest's private equity arm.
The firm's investments include Asia-inspired dining chain Itsu, cycle retailer Wiggle, and Burger King´s France and UK outposts.
($1 = 0.7197 pounds) (Reporting by Huw Jones; Editing by Kirsten Donovan)
