Omega to raise £130m to support growth
Omega Underwriting plans to raise £130m before expenses, conditional upon approval at a special general meeting. The company said it will utilise the net proceeds of the placing to support the group's underwriting activities.
Walter Fiederowicz, chairman of Omega, said: "As a result of this fundraising, the group is now able to seize a significant market opportunity to grow the underwriting book in our existing business
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