Weeks after becoming the largest U.S. listing of 2018, Axa Equitable Holdings Inc. is trading below the price range that investors were originally asked to pay at its initial public offering. But an incoming round of analyst initiations could create …
U.S. initial public offerings have the seismic changes in the insurance industry to thank for 2018’s biggest share sale. Axa Equitable Holdings Inc. sold 137.25 million shares at $20 each on Wednesday to raise $2.75 billion. That’s well short of …
French insurer AXA on Thursday priced the forthcoming initial public offering (IPO) of its U.S. division at $24-27 per share, in a deal that could value the part of the business being listed on the market at $3.5 billion. AXA …
