Ryan Specialty Group (RSG) has launched its initial public offering at a price of between $22 and $25 per share, giving the Pat Ryan-led wholesaler a market capitalization of between $5.6bn and $6.4bn, when the business makes it market debut later this week.
The listing of a 25% stake in RSG on the New York Stock Exchange will raise between $1.2bn and $1.4bn
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