Safepoint Prices U.S. IPO Seeking $1.16 Billion Valuation
Safepoint Insurance Group has launched a U.S. IPO roadshow, proposing 16.7 million shares priced between $15 and $17 to raise up to $283.3 million and target a market valuation of up to $1.16 billion. The offering includes shares sold by the company and existing investors and is set to list on the NYSE under the ticker SFPT, pending notice of issua…