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Market Chatter: Apollo-Backed Aspen Insurance Could See IPO Price of $30 per Share
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Market Chatter: Apollo-Backed Aspen Insurance Could See IPO Price of $30 per Share
May 26, 2025 3:27 AM

10:03 AM EDT, 05/07/2025 (MT Newswires) -- Apollo Global Management ( APO ) , which is offering 11 million shares in the initial public offering of Aspen Insurance Holdings, could see it priced at $30 per share, the midpoint of the marketed range of $29 to $31, Bloomberg reported Wednesday, citing sources familiar with the offering.

Talks are still ongoing and the price could still change, the sources told the news outlet.

The offering is expected to price later on Wednesday, Bloomberg reported.

Apollo and Aspen did not immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 129.84, Change: +0.53, Percent Change: +0.41

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