IPO raises $111m for CastlePoint
CastlePoint Holdings has floated on the Nasdaq Global Market with an initial public offering (IPO) of 7 682 238 common shares, at $14.50 per share.
The Bermuda-based reinsurer raised $111m with an IPO priced within a forecast range of $13 to $15 per share.
Castlepoint sold 7.56m shares, while 119 500 of the shares were being sold by existing
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