UK life assurance business ReAssure will be valued at up to 3.3 billion pounds (...
ZURICH - UK life assurance business ReAssure will be valued at up to 3.3 billion pounds when it floats on the London Stock Exchange, its largest shareholder Swiss Re said on Thursday.
Zurich-based Swiss Re is spinning off ReAssure to put the business under a more favorable regulatory regime and give it easier access to capital to fund its expansion. Swiss Re said the IPO prospectus is due to be published later on Thursday, pending approval from Britain’s Financial Conduct Authority.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Swiss ban planemaker Pilatus from operating in Saudi Arabia, UAESwitzerland has banned planemaker Pilatus from operating in Saudi Arabia and the...
Leer más »
London stock exchange could delist Swiss companies like UBS amid EU standoffThe London stock exchange (LSE) has warned investors they could be forced to delist Swiss stocks from Monday due to a political standoff between Switzerland and the European Union (EU).
Leer más »
Central bankers weigh up Facebook's Libra planA senior member of the Swiss National Bank said he was open-minded about Faceboo...
Leer más »
Nestlé, Novartis at Risk of London Trading BanSwitzerland and the EU are at loggerheads over an overhaul of the complex ties that have guided the relationship for decades. The ability of some investors to trade blue-chip Swiss companies could be affected by the spat.
Leer más »
StockX Raises $110 Million and Is Now Valued at $1 BillionThe 'stock market of things' known for its hype-driven selection of sneakers, luxury handbags, watches and streetwear is the latest resale company to close a major funding round.
Leer más »