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18 June 2013

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ANV final bid for Flagstone on the table

25 June 2012

Flagstone is weighing up its strategic options after ANV, the sole remaining bidder in its auction process, tabled its "final" bid for the company, The Insurance Insider can reveal.

New York Stock Exchange-listed Tower Group has now exited the process and will have to look for other opportunities as it seeks to offshore part of its business, sources said.

ANV tabled the bid - which is predominantly, if not all, cash - on 18 June. It is understood to value...


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This article was published as part of issue June 2012/5

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