One such company which is willing to come out with an IPO or Initial Public Offering is the life insurance unit American Life Insurance Co called Alico.
In this article, we will look at the Review, Analysis and fine Details of the Alico IPO and try to do the Review and analysis of Alico IPO.
Some basic details first, these are based upon the stories making round on news sites, actual figures may vary:
What is the issue size of the Alico IPO?
The Alico issue size is going to be for around USD 5 billion.
How is the share distribution done?
No info about that.
How will the capital raised by Alico IPO be used?
No info about that.
What is the price band of the Alico IPO
The price band for shares of Alico IPO is not yet decided.
What is the trading symbol & exchange for the Alico IPO
No info is available about the trading symbol.
What are the IPO dates for Alico IPO
The IPO for Alico is expected to come after AIA offering.
What is the business prospect and company profile of Alico?
Alico, founded in 1921, is in the business of life insurance and retirement products. It has a large customers base of 19 million through a distribution network that includes 40,000 agents. It operates in 54 countries but generates more than half of its revenue in Japan.
Who are the underwriters of the Alico IPO?
The book running lead managers and bankers are not yet decided. But there are big names in the list of front runners. It includes - UBS, Deutsche, CSFB, Goldman, Citigroup and Morgan Stanley. It is learnt that Morgan Stanley may get a lead role.
What are the analysts recommendations for this IPO?
The company profile look good. Alico IPO may be the biggest IPO's in recent times. Just that AIG is interviewing the various banks for the IPO and many top rung bank are attempting to get to the IPO, indicates the money involved. We expect a good listing for this IPO
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