Canada Insurer Definity Surges on Market Debut After $1.6B IPO Backed by Swiss Re

TORONTO – Insurer Definity Financial Corp jumped as much as 36% on its stock market debut on Thursday after raising C$2.1 billion ($1.6 billion) in Canada’s second-largest IPO. Waterloo, Ontario-based Definity priced its IPO at C$22.00 per share, the top …

from News – Insurance Journal https://ift.tt/3nvSA9P