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Promina to woo retail investors
Tuesday 1st of April 2003
Royal & SunAlliance in the United Kingdom is hoping the public float of its Australian and New Zealand businesses, under the Promina name, will raise up to $2.3 billion ($A2.1 billion).
Of that money raised all but $163.7 million (A$150 million) will go back to help bail out Promina's parent company in London.
At a press conference in Sydney today Prom...
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