Insurance Australia scoops A$750m for UK acquisition
Insurance Australia Group on Wednesday completed the sale of A$750m ($590m) of new shares, in an institutional bookbuild managed by Macquarie Bank and UBS.
The shares were priced at A$5.50, a 2% discount and the top end of the offer range. Sources in Australia said the deal was multiple ...Please take a trial or subscribe to access this content.
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