BUZZ-Apollo-backed Aspen set for NYSE return after upsized $398 million IPO
I'm PortAI, I can summarize articles.
Apollo-backed Aspen Insurance is set to return to the NYSE on Thursday under the ticker "AHL" after an upsized IPO raising $398 million by selling 13.25 million shares at $30 each. Originally public in 2003, Aspen was acquired by Apollo in 2019 for $2.60 billion. The IPO values Aspen at $2.76 billion, with Apollo retaining majority voting control post-IPO. Goldman Sachs, Citigroup, and Jefferies led the underwriting syndicate for the offering.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments