ASR CEO 'Happy' IPO Proceeded Ahead of Brexit Vote

ASR Nederland NV raised 1.02 billion euros ($1.2 billion) in an initial public offering, allowing the Dutch government to recoup some of the money it spent on bailing out the insurer’s parent Fortis during the financial crisis. Eager to act before the U.K. vote on EU membership, CEO Jos Baeten told Bloomberg's Francine Lacqua on "The Pulse" that a “vote in favor of Brexit wouldn’t be a good outcome.”

Saudi Aramco Said to Prepare for Delayed IPO
23:52 - Emad Mostaque, co-chief investment officer at Capricorn Fund Managers, and Bloomberg's Javier Blas discuss a potential delay for the initial public offering of Saudi Arabia's state-owned oil company Saudi Aramco. He speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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