Reported Earlier, F&G Annuities Sets $35/Share Price In 8M Common Stock Offering, Closing Expected March 24
Benzinga Newsdesk 1 year ago
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Fidelity National Financial, Inc., F&G's majority-stockholder, has agreed to purchase 4,500,000 shares in the offering from the underwriters at the price per share paid by the underwriters of $33.60 per share. The
Fidelity National Financial, Inc., F&G's majority-stockholder, has agreed to purchase 4,500,000 shares in the offering from the underwriters at the price per share paid by the underwriters of $33.60 per share. The offering is expected to close on March 24, 2025, subject to satisfaction of customary closing conditions.
F&G intends to use the net proceeds of this offering for general corporate purposes, including the support of organic growth opportunities.