Carlson Capital-backed Barbican Insurance has confirmed that it is holding talks with listed Lloyd's peer Omega, as The Insurance Insider first reported on 9 May.
"The directors of Barbican have noted the recent press comments in relation to Barbican and Omega," the stock exchange statement said.
"The company confirms that it has recently submitted a proposal to the directors of Omega, the key points of which have been shared with certain Omega shareholders, with regards to a potential combination of...
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