High shares of Citigroup Primerica in an IPO for the first time
NEW YORK (Reuters) – Shares of Primerica, a unit of Citigroup, which sells life insurance and other financial products, and high for the first time in the shares in it.
Citigroup said late on Wednesday that the IPO company Primerica raised 320.4 million U.S. dollars, 21.4 million shares at 15 dollars each. Expected to sell 18 million shares amount of 12 dollars to 14 dollars apiece.
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