AmWINS-THB deadline a fortnight away
US wholesaler AmWINS has until mid-October to disclose a firm intention to make an offer for Thompson Heath & Bond (THB) before it hits a deadline under the UK Takeover Code.
The "put up or shut up" date for the AmWINS-THB transaction is 17 October, as the revisions to the Takeover Code start to make their presence felt.
In mid-September, THB CEO Frank Murphy told The
Insurance Insider that the two sides were nearing a
deal.
Murphy said that "talks...
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