Accelerant, a major player in the UK managing general agents market, has raised $723.7m (£533.9m) in an IPO in the US, with shares selling for $21, above the expected range of $18–$20.
At the end of June, the risk exchange platform and capacity provider unveiled plans to list on the New York Stock Exchange.
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In mid-July, it revealed there would be 20,276,280 common shares offered by Accelerant and 8,671,088 common shares to be sold by some of its
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