Asian insurer FWD Group has raised $200 million in new funding ahead of its planned Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter.

The deal means the Richard Li-backed FWD Group has raised $1.6 billion in the past month after the company ditched its U.S. IPO plans.The first capital raising of $1.4 billion valued FWD Group at $9 billion on a post money basis, sources told Reuters in December. The company received preliminary approval in December from the Securities and Exchange Commission (SEC) to carry out a marketing roadshow to investors, but still needed full sign-off from regulators, sources told Reuters at the time.

https://www.fwd.com/

Events

Financial Services

Asian Insurer Fwd Group Raises $200M In Pre-Ipo Funding

Description

Company Information

Funding Insights

Asian Insurer Fwd Group Raises $200M In Pre-Ipo Funding

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Funding Insights

Company Information