Fidelis Insurance Holdings Ltd. (FIHL) has released an update.
Fidelis Insurance Holdings Ltd., a leading global specialty insurer, announced a secondary public offering of 9 million common shares by certain shareholders, with an option for underwriters to purchase an additional 1.35 million shares. The company itself is not selling shares and will not receive proceeds from this offering, which is managed by major financial institutions including Barclays and J.P. Morgan. The offering, subject to a registration statement with the U.S. SEC, highlights Fidelis’s diversified portfolio and strategic market positioning.
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