Friday, 20 July 2007

IPO VIEW-Validus set to raise more than $450 mln in IPO

(Reuters) - The Bermuda-based company, one of several reinsurers to
stage IPOs in recent months, has filed to sell 18 million
shares with an anticipated per-share price range of $24 to
$26.




The company initially anticipated raising $200 million in
its IPO but raised expectations after it acquired an
underwriting syndicate in the historic Lloyd's of London
market.


Read more at Reuters.com Mergers News

No comments: