UPDATE 1-Swiss Re suspends ReAssure IPO amid weak demand
Reinsurance group Swiss Re
has suspended plans for a $4.1 billion initial public
offering of UK life insurance company 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 of UK life insurance company ReAssure, which was set to
start trading in London on Thursday, citing weak demand from
institutional investors.
Posted by Reuters
