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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
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Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
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Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
April 04, 2002 at 07:00 PM
NU Online News Service, April 4, 12:58 p.m. – Scottish Annuity & Life Holdings Ltd., Hamilton, Bermuda, is offering 6 million ordinary shares of common stock for a price of $18.25 per share.
Scottish Annuity is already a public company, with stock that trades on the New York Stock Exchange.
The new, secondary offering has a total value of $109.5 million, or about 28% of the company’s market capitalization, according to market cap figures from Commodity Systems Inc., Boca Raton, Fla.
The lead manager is Bear, Stearns & Co. Inc., New York.
Scottish Annuity sells life reinsurance and large life insurance policies designed for the wealthy.
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