Brit confirms Chaucer takeover interest
Brit Insurance has finally confirmed its interest in acquiring
Lloyd's insurer Chaucer Insurance Holdings plc, in a short
statement to the London Stock Exchange this afternoon (12 June).
Brit - whose interest in its rival was first revealed by
The Insurance Insider in February - said
in a statement that it is in "discussions regarding a possible
all share offer for Chaucer".
It added: "There can be no certainty that an offer will be
forthcoming."
Chaucer was effectively put up...
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