Canada Insurer Definity Surges on Market Debut After $1.6B IPO Backed by Swiss Re
TORONTO Insurer Definity Financial Corp jumped as much as 36% on its stock market debut on Thursday after raising C$2.1 billion ($1.6 billion) in Canada’s second-largest IPO.
Waterloo, Ontario-based Definity priced its IPO at C$22.00 per share, the top…
