Asian Insurer FWD Eyes Hong Kong IPO in 2023: Sources September 7, 2022 FWD Group Holdings Ltd., the Asian insurer backed by billionaire Richard Li, is weighing 2023 as a new target for...
India’s LIC Loses $17 Billion in Market Value After IPO June 14, 2022 By John Cheng and Ashutosh Joshi An eye-popping $17 billion wipeout in market value has made Life Insurance Corp. of India one of the biggest wealth...
Beijing Gives Initial Green Light to Revive Ant Group’s IPO as Crackdown Eases: Sources June 10, 2022 By Julie Zhu China’s central leadership has given billionaire Jack Ma’s Ant Group a tentative green light to revive its initial public offering...
Insurer FWD Delays $1 Billion Hong Kong IPO: Sources May 31, 2022 By Scott Murdoch Asian insurer FWD Group has delayed its $1 billion Hong Kong initial public offering (IPO) because of volatile financial markets,...
Fairfax-Backed Digit Insurance Targets $5B in India IPO Valuation: Sources May 25, 2022 By M. Sriram India’s Digit Insurance, backed by Canadian billionaire Prem Watsa’s Fairfax Group, is considering raising about $500 million in an initial...
Insurer FWD Wins Approval for Hong Kong IPO May 23, 2022 By Pei Li FWD Group Holdings Ltd., the Asian insurer backed by Hong Kong billionaire Richard Li, has won approval for its planned...
India’s LIC Shares Slump After Record, but Disappointing, IPO May 17, 2022 By Nupur Anand and Chris Thomas Shares in Life Insurance Corp. of India (LIC) slid 6% in their market debut on Tuesday, a fresh setback for...
India’s LIC Prices IPO at Top of Indicated Range: Source May 13, 2022 By Scott Murdoch and Nupur Anand India’s Life Insurance Corp. (LIC) has priced its initial public offering at the top of the indicated range, at 949...
Foreign Institutional Investors Steer Clear of India’s Biggest IPO May 9, 2022 By Julia Fioretti and Nupur Acharya Foreign institutional investors have on the whole steered clear of India’s biggest share sale, deeming it too expensive given currency...
Update: Record $2.7 Billion IPO by India’s Life Insurance Corp. Is Oversubscribed May 5, 2022 The record $2.7 billion initial public offering (IPO) by India’s Life Insurance Corp. (LIC) was oversubscribed on Thursday, helped by...