FWD Pre-IPO - The Positives - Growing Fast
FWD, a pan-Asian life insurer founded by Richard Li, aims to raise up to US$3bn in its US IPO. In this note, we will talk about the positive...
465 Views
Prudential Hong Kong Offering - Well Flagged Pivot to Asia, Mind the Liquidity Gap
Prudential aims to raise around US$2.8bn via an international and public offering in Hong Kong. The deal has been in the pipeline for a while.
521 Views
Star Health Insurance Pre-IPO - Leading the Retail Healthcare Insurance Space
Star Health and Allied Insurance (SHAI), the largest private health and retail health insurance company in India, plans to raise around US$1.0bn in...
252 Views
Event Update - Relatively expensive deal compared to synergies - HOLD
Deal valued at 2.5x at current EV of Rs27.1bn for Exide Life, looks on expensive side but 35% discount to listed players (ex-HDFCLI) HDFC Life is...
135 Views
HDFC Life announces 100 % acquisition in Exide Life
HDFC Life has announced the 100% acquisition of Exide Life for consideration of INR66.87b, of which INR7.26b would be paid in cash. Furthermore,...
155 Views