Volatile stock market conditions force advisers to company, which once might have been worth £1.4bn, to relaunch at 170p a share – valuing it at £1bn
Volatile stock market conditions have forced advisers to Hastings, the motor insurer, to relaunch the company’s flotation at a cheaper price.
Bankers said yesterday that the float, which at one point might have valued the company at £1.4bn, is being relaunched at 170p a share, which would value it at around £1bn.
The post Motor insurer Hastings relaunches flotation at a cheaper price appeared first on SuperShare.Info.
from WordPress http://ift.tt/1VHYB0n
via IFTTT
0 Response to " Motor insurer Hastings relaunches flotation at a cheaper price "
Post a Comment