FWD eyes IPO in Hong Kong

0 17

FWD is contemplating a Hong Kong IPO after 5 years of progress fuelled by acquisitions.

Board chairman Richard Li is claimed to be laying the groundwork for a possible IPO, individuals aware of the event mentioned.

Backed by Swiss Re, the corporate is contemplating a list that might happen throughout the subsequent couple of years, the sources mentioned.

Already, FWD has had preliminary talks with funding banks a few attainable IPO as a part of common conferences in regards to the insurer’s technique. The situation being thought of for the IPO is Hong Kong.

FWD manages greater than US$26.6 billion of belongings and had greater than 2.7 million clients unfold throughout eight Asian markets on the finish of final yr, in line with its web site.

Supply hyperlink – https://insuranceasianews.com/fwd-eyes-ipo-in-hong-kong/

You might also like

Leave A Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.