REFILE-UPDATE 2-Swiss Re puts off $4 bln ReAssure IPO amid weak demand
Reinsurance group Swiss Re
has suspended plans for a $4.1 billion initial public
offering (IPO) of British life insurer ReAssure, which was set
to start trading in London on Thursday, citing weak demand from
institutional investors.
has suspended plans for a $4.1 billion initial public
offering (IPO) of British life insurer ReAssure, which was set
to start trading in London on Thursday, citing weak demand from
institutional investors.
Posted by Reuters
