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IRSH.RC News

Ironshore officially withdraws estimated $500 million IPO; acquired by Liberty Mutual for $3 billion

IRSH.RC

Ironshore (IRSH.RC), an international specialty property and casualty insurer, officially withdrew its plans for an initial public offering on Friday. The company originally filed in June 2014, withdrew the IPO in May 2015 after it was acquired by China's Fosun International for $2.3 billion, re-filed for a US IPO in July 2016, before it was again acquired in December 2016 by...read more

Fosun-owned specialty P&C insurer Ironshore refiles for a $100 million IPO

IRSH.RC

Ironshore, a international specialty property and casualty insurer, filed on Friday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that we estimate could raise $500 million. The Hamilton, Bermuda-based company was founded in 2006 and booked $1.7 billion in sales for the 12 months ended March 31,...read more

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