Saga Plc, a provider of insurance and holidays to Britain’s over-50s, raised £550 million ($926.7 million) after selling shares at the bottom of the range used to canvass investor interest. The shares were sold at 185 pence [$3.117] apiece, the …
The article Saga IPO Raises $926.7 Million; Share’s Price at Bottom of Range appeared first on Insurance Journal.
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