Swiss Re announces suspension of ReAssure’s IPO due to market conditions

This communication is for informational purposes only as required by the listing rules of the SIX Swiss Exchange. It is not intended to be a recommendation to buy, sell or hold securities and does not constitute an invitation or offer for the sale of, or the solicitation of an offer to buy, securities in any jurisdiction, including the United States.

Swiss Re announced today the suspension of its previously communicated plans for an initial public offering (IPO) of ReAssure. This action is in response to the heightened caution and weaker underlying demand in the UK primary market from large institutional investors.

Click here to read more...