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]
Read More
Other Stories in Business
- Yes Bank Equity Dilution Again
- Around 55,000 participate in tree planting campaign in NE China
- 6 Major Liquor Stocks in India
- Developing Your Trading Plan
- Tata Group To Acquire Majority Stake In Pegatron’s India Ops
- Satellite images show Russia's been upgrading its Black Sea Fleet naval base after being pounded by Ukraine's attacks: UK defense ministry
- 2024 Lok Sabha elections begin: Voting for 102 seats in first of seven phases
- Satellite images show Russia's been upgrading its Black Sea Fleet naval base after being pounded by Ukraine's attacks: UK defense ministry
- ASEAN foreign ministers call for immediate cessation of violence in Myanmar’s border