Slaughter and May to advise Esure IPO

Slaughter and May is advising esure Group plc ('esure') on its intention to proceed with an initial public offering of its ordinary shares, as announced on 27 February 2013.

The law firm is based in London and is a member of the 'Magic Circle' of leading law firms.

Our reporter Cathy Adams:

Insurer Esure this morning confirmed plans to list on the London Stock Exchange in a £50m float.

The offer will comprise the sale of new shares and the partial sale of existing stakes held by current investors, including founder Peter Wood.

(Full article)