Hastings set for £1bn sale, reports
A sale could lead to Goldman Sachs relinquishing its holdings in the provider.
Hastings Insurance Group could be put up for sale or listed on the stock market with the company being valued at around £1bn, according to Sky News.
The newscaster reports that the provider intends to appoint an adviser from a number of investment banks to consider the options over the coming months.
In October 2013 Insurance Age reported that Hastings was valued at £700m as Goldman Sachs bought a 50% stake.
Sky News is further reporting that any deal could lead to Goldman Sachs relinquishing
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