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Aspen's IPO Shift to New York
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Aspen, a Bermuda-based insurer owned by Apollo, opts for a $4 billion IPO in New York, citing factors like valuation premium diminution, technical requirements, and greater liquidity in the US.
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How might Aspen's IPO choice affect the competitive landscape and investor sentiment within the Bermuda-based insurance industry?
How might Aspen's IPO choice impact the insurance industry's perception of New York and London as global financial hubs?
What broader implications does Aspen's decision have for the global capital markets and investor confidence?
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