Novae confirms Omega merger talks
Novae has confirmed that it is undertaking due diligence over a possible merger with fellow Lloyd's player Omega, as first revealed by The Insurance Insider last week.
In a statement to the stock exchange, the (re)insurer said it was currently considering the merits of the transaction and noted it was not certain an offer would be forthcoming.
Novae said the possible merger was in line with its publicly stated strategy to review possible transaction opportunities as they emerge and said...
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