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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