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Infrastructure investor John Laing files for London listing

Mon, 19th Jan 2015 07:20

LONDON, Jan 19 (Reuters) - Infrastructure investmentbusiness John Laing Group is to list on the London StockExchange as it seeks to raise around 130 million pounds ($197million) to fund new investments, the company said on Monday.

The company, taken private by Henderson in 2007,had an investment portfolio book value of 781 million pounds bySept. 30 last year.

The issue will consist of new and existing shares. Theinitial public offering (IPO) is being run by Barclays and HSBC.RBC Capital Markets is acting as lead manager, while Greenhillis financial adviser. ($1 = 0.6602 British Pounds) (Reporting By Freya Berry; editing by Keith Weir)

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