--Goldman Sachs-backed iQ Student Accommodation is preparing plans for an initial public offering that could value the U.K. provider of student housing at more than 3.5 billion pounds ($4.3 billion), Sky News reports, citing people familiar with the matter.

--An IPO would draw attention to IQSA's board as its chairwoman, Penny Hughes, currently chairs Aston Martin Lagonda Global Holdings and Gym Group and corporate governance guidelines demand that an individual should hold two such roles at most, according to Sky News.

--IQSA didn't immediately respond to a request for comment.

Full story: https://bit.ly/2lK3U4w

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(END) Dow Jones Newswires

September 09, 2019 07:30 ET (11:30 GMT)

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