Zimmer retains stake as Ategrity raises $113m – Model Slux

Zimmer retains stake as Ategrity raises 3m – Model Slux

The specialty insurer has priced its preliminary public providing at $17 per share, above the beforehand estimated vary of $14 to $16.   The corporate is providing 6,666,667 shares of Class A typical inventory. Underwriters have a 30-day choice to buy as much as 1 million further shares. If exercised in full, whole gross proceeds might … Read more

R&Q to Promote Stake in Obra Joint Enterprise for $30M, Expects “Vital Pre-Tax Loss” – Model Slux

R&Q to Promote Stake in Obra Joint Enterprise for M, Expects “Vital Pre-Tax Loss” – Model Slux

R&Q Insurance coverage Holdings, (R&Q) the Bermuda-based non-life speciality insurer that focuses on program administration and legacy insurance coverage enterprise, introduced it has agreed to promote its stake in a three way partnership with Obra Capital for $30 million. On the identical time, R&Q revealed it anticipates “a major pre-tax loss” for 2023, which it … Read more

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