Digital sports media company, Perform Group, is planning to raise about £200 million from an initial public offering (IPO), Reuters reports. The U.K. company may sell about £131 million of existing shares and £70 million of new shares in the IPO. The shares will be listed on the London Stock Exchange. Perform’s current management and employees have a 40% stake in the company, while Access Industries holds the remaining 58% stake. Credit Suisse, Morgan Stanley and UBS are managing the offering.

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