FWD Group raises $1.4 bln ahead of IPO; sources say IPO in Hong Kong - Reuters
Asia-focused insurer FWD Group has raised $1.4 billion via a private placement of shares, according to a company statement on Tuesday, ahead of its long-planned initial public offering (IPO) which two sources said will now be carried out in Hong Kong.
HONG KONG, Dec 14 (Reuters) - Asia-focused insurer FWD Group has raised $1.4 billion via a private placement of shares, according to a company statement on Tuesday, ahead of its long-planned initial … [+2061 chars]
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