A drive to raise capital is expected to get under way soon.
They'll raise capital and start building whatever they need to get into the game.
And he does not think the company should go public in the near future to raise additional capital.
Other companies have raised capital by selling entire lines of business.
It would be able to cut costs and raise capital for investment in building its share of the market.
The company went on to raise hundreds of millions more capital over the next two years.
Such companies should not have trouble raising additional capital in the future.
The move would continue to raise capital for the life insurance and financial services company, which raised $1.45 billion last July when it went public.
The losses were large and the company used a share issue to raise capital.
And, of course, companies that become private do not have access to financial markets to raise capital.
