Ryan Specialty Group Prices IPO at Midpoint for $1.34 Billion

Bloomberg2021-07-22

(Bloomberg) -- Ryan Specialty Group Holdings Inc., the insurance company led by Aon Corp. founder Patrick G. Ryan, raised $1.34 billion in an initial public offering priced at the middle of a marketed...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

KianBee
2021-07-22
KianBee
Good
MrGreen
2021-07-22
MrGreen
Like pls
Optionspuppy
2021-07-22
Optionspuppy
IPO time
- KianBee:
  Yes Thumb up
- neojw1505ReplyMrGreen:
  ovkkg
- MrGreen:
  like pls
- Jrrr92:
  Good

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1133772208?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-22 13:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1133772208","market":"us","top_or_hot":-1,"title":"Ryan Specialty Group Prices IPO at Midpoint for $1.34 Billion","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Ryan Specialty Group Holdings Inc., the insurance company led by Aon Corp. founder Patrick G. Ryan, raised $1.34 billion in an initial public offering priced at the middle of a marketed...</p>\n\n<a href=\"https://finance.yahoo.com/news/ryan-specialty-group-prices-ipo-013055575.html\">Source Link</a>\n\n</div>\n","source":"lsy1612507957220","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ryan Specialty Group Prices IPO at Midpoint for $1.34 Billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRyan Specialty Group Prices IPO at Midpoint for $1.34 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-22 13:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/ryan-specialty-group-prices-ipo-013055575.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Ryan Specialty Group Holdings Inc., the insurance company led by Aon Corp. founder Patrick G. Ryan, raised $1.34 billion in an initial public offering priced at the middle of a marketed...</p>\n\n<a href=\"https://finance.yahoo.com/news/ryan-specialty-group-prices-ipo-013055575.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RYAN","symbol_name":"Ryan Specialty Group Holdings, Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/ryan-specialty-group-prices-ipo-013055575.html","article_id":"1133772208","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1133772208","pubTimestamp":1626933287,"sourceInfo":{"source_id":"lsy1612507957220","name":"finance.yahoo"},"weMediaInfo":null,"summary":"(Bloomberg) -- Ryan Specialty Group Holdings Inc., the insurance company led by Aon Corp. founder Pa","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"RYAN":"Ryan Specialty Group Holdings, Inc."},"translate_title":"瑞安特种集团IPO定价13.4亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RYAN":0.9},"content_text":"(Bloomberg) -- Ryan Specialty Group Holdings Inc., the insurance company led by Aon Corp. founder Patrick G. Ryan, raised $1.34 billion in an initial public offering priced at the middle of a marketed range.\nThe Chicago-based company sold almost 57 million shares for $23.50 each on Wednesday after marketing them for $22 to $25, according to a statement. At the offer price, the company has a market value of $6 billion based on the outstanding shares listed in its filings with the U.S. Securities and Exchange Commission.\nRyan Specialty Group provides insurance products to brokers, agents and carriers, including underwriting and administration services.\nThe IPO is the largest of 29 by companies seeking to raise more than $6.7 billion on U.S. exchanges this week, according to data compiled by Bloomberg.\nRyan, who started his namesake company in 2010, served as Aon’s chairman and chief executive officer for 41 years, according to his profile. A graduate of Northwestern University, he has been a member of the school’s board of trustees for 42 years and also served as chairman of Chicago’s 2016 Olympic bid committee.\nFounder Control\nRyan, who is chairman and CEO of Ryan Specialty Group, will control 67% of the shareholder voting power in the company after the listing, according to the company’s filings.\nFor the first three months of the year, the company had pro forma net income of $4.7 million on revenue of $311 million, the filings show.\nThe offering is being led by JPMorgan Chase & Co., Barclays Plc, Goldman Sachs Group Inc. and Wells Fargo & Co. The company’s shares are expected to begin trading Thursday on the New York Stock Exchange under the symbol RYAN.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":172155621,"gmtCreate":1626945857263,"gmtModify":1703481092108,"author":{"id":"3560046052989643","authorId":"3560046052989643","name":"KianBee","avatar":"https://static.tigerbbs.com/8dd2b6b1ea7f8a60ed8a04ec736009b6","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3560046052989643","authorIdStr":"3560046052989643"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172155621","repostId":1133772208,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":172318681,"gmtCreate":1626935270943,"gmtModify":1703480883964,"author":{"id":"3576511277084418","authorId":"3576511277084418","name":"MrGreen","avatar":"https://static.tigerbbs.com/15d34383baa6cc8886d9224669a807d4","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3576511277084418","authorIdStr":"3576511277084418"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172318681","repostId":1133772208,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":172395042,"gmtCreate":1626933424186,"gmtModify":1703480860926,"author":{"id":"4089501973615070","authorId":"4089501973615070","name":"Optionspuppy","avatar":"https://static.tigerbbs.com/caf34258aff8afe478620b82647f1199","vip":2,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":6,"crmLevelSwitch":1,"idStr":"4089501973615070","authorIdStr":"4089501973615070"},"htmlText":"IPO time&nbsp;","listText":"IPO time&nbsp;","text":"IPO time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/172395042","repostId":1133772208,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5292703,"gmtCreate":1626945874342,"gmtModify":1663231317428,"authorId":3560046052989643,"author":{"id":3560046052989643,"idStr":"3560046052989643","authorId":3560046052989643,"name":"KianBee","avatar":"https://static.tigerbbs.com/8dd2b6b1ea7f8a60ed8a04ec736009b6","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":172395042,"type":1,"supId":0,"prevId":0,"content":"Yes  Thumb up","text":"Yes  Thumb up","html":"Yes  Thumb up"},{"id":5291628,"gmtCreate":1626937402581,"gmtModify":1663231311834,"authorId":3568583676035779,"author":{"id":3568583676035779,"idStr":"3568583676035779","authorId":3568583676035779,"name":"neojw1505","avatar":"https://static.tigerbbs.com/e2e0b4e23e3f6fc53dfbbf43be028e93","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3576511277084418,"repliedAuthor":{"id":3576511277084418,"idStr":"3576511277084418","authorId":3576511277084418,"name":"MrGreen","avatar":"https://static.tigerbbs.com/15d34383baa6cc8886d9224669a807d4","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":172395042,"type":1,"supId":5291351,"prevId":5291457,"content":"ovkkg","text":"ovkkg","html":"ovkkg"},{"id":5291457,"gmtCreate":1626935265645,"gmtModify":1663231309443,"authorId":3576511277084418,"author":{"id":3576511277084418,"idStr":"3576511277084418","authorId":3576511277084418,"name":"MrGreen","avatar":"https://static.tigerbbs.com/15d34383baa6cc8886d9224669a807d4","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":172395042,"type":1,"supId":5291351,"prevId":0,"content":"like <u>pls</u>","text":"like <u>pls</u>","html":"like <u>pls</u>"},{"id":5291351,"gmtCreate":1626934028592,"gmtModify":1663231305849,"authorId":3561534918172425,"author":{"id":3561534918172425,"idStr":"3561534918172425","authorId":3561534918172425,"name":"Jrrr92","avatar":"https://static.tigerbbs.com/3713f77c17599af04b8943281769ec65","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":172395042,"type":1,"supId":0,"prevId":0,"content":"Good","text":"Good","html":"Good"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":46,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1133772208"}