KM Financial Solutions | UPDATE 1-AXA’s U.S. arm raises $2.75 bln in IPO, misses target -source
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UPDATE 1-AXA’s U.S. arm raises $2.75 bln in IPO, misses target -source

UPDATE 1-AXA’s U.S. arm raises $2.75 bln in IPO, misses target -source

May 9 (Reuters) – French insurer AXA SA’s initial
public offering (IPO) of its U.S. division raised $2.75 billion
by pricing at $20 per share on Wednesday, below its targeted
range of $24-27 per share, a person familiar with the matter
said.

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