Deals
Debt Collector Lowell May IPO Despite Rival Cabot's Pulled Deal
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Lowell Group Ltd., the debt-purchasing company owned by Permira Holdings and the Ontario Teachers’ Pension Plan, is considering an initial public offering even after a rival joined casualties in the U.K. equity market.
“An IPO clearly is an option,” Chief Financial Officer Colin Storrar said in an interview on Thursday. “The business has a great reputation among prospective equity investors.”