The disclosure of another merger and acquisition (M&A) scramble for Chaucer this week (7 February) has not surprised many in the insurance industry - with small- and mid-sized Lloyd's listed insurers currently viewed as attractive takeover targets and Chaucer a perennial favourite.
But while analysts remain mostly united in their assessment of the logic driving the deal, questions remain about the expected price of any successful takeover, the likelihood of a successful sale and of course - important to any...
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