Fairfax-backed Go Digit’s US$314m India IPO fully subscribed
May 20 2024 by InsuranceAsia News
MORE FROM: Fund raising
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Ping An Insurance eyes US$3.5bn fundraise: report
- July 15
The insurer will raise the funds through a convertible bond offering, according to a Bloomberg report.
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Hong Kong’s new RBC regime could trigger more industry consolidation: S&P Global
- July 4
The higher compliance costs, coupled with earning swings due to market volatility, could lead to an increase in M&A in the sector and force some insurers to raise more capital, said S&P Global Ratings.
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FWD Group revives IPO plan, targets valuation up to US$9bn: report
- June 6
The offer size and timeline for the initial public offering are yet to be finalised, Reuters said in a report quoting three anonymous sources.
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Fairfax-backed Go Digit’s downsized IPO set for May 15 launch
- May 10
The listing on Indian stock exchanges could raise up to US$313m after the digital insurer reduced the new shares on offer and nearly halved the size of existing shares sale.
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