Talanx latest to defer IPO plans
German insurer Talanx was the latest insurer to defer its IPO
last week as the euro crisis troubled the markets.
Talanx has been considering an IPO for a number of years as it
looks to raise proceeds to fund further international expansion.
However, Bloomberg reported that the proposed EUR750mn
offering in Frankfurt may be delayed until September.
Fortunately, the firm's owners - Talanx is a mutual controlled
by German industrial conglomerates - have a longer-term outlook and
can wait for...
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