Insurance Post

Saga lowers float price range

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Saga has narrowed the price at which it will sell shares in an upcoming London Stock Exchange floatation, moving towards the lower end of the range.

While the insurer had previously mooted a price of 185p to 245p, it has now narrowed to the price range to 185p to 205p, after closing books on an offering to Saga customers.

Saga chief executive

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