Jupiter in talks to sell 10% stake in £2.5bn Starling Bank
Sky News has learnt that Jupiter, which owns close to 10% of Starling’s equity in its UK Mid Cap Fund and elsewhere across its funds portfolio, has instructed bankers at Citi to find buyers for the holding.
City sources said the stake was likely to be worth more than £200m, although Jupiter may have to accept a modest discount on disposing of the Starling Bank shares.
