Root prices IPO 8% above top of range to attain $6.7bn valuation
Auto insurer Root priced its IPO shares 8% above the top of an indicative range yesterday to raise $654.7mn in proceeds and attain a market value of $6.7bn.
Uncover exclusive insights tailored for insurance leaders
- Stay Informed: Access exclusive industry insights
- Gain a competitive advantage: Hear first about tactical developments
- Make better decisions: Understand market dynamics in crucial lines of business