Omega M&A saga ends as Bermuda rubber stamps Canopius deal
Lloyd's (re)insurer Canopius has officially concluded its
long-meditated takeover of Lloyd's peer Omega after the Bermuda
Registrar of Companies issued a certificate of amalgamation.
The deal is therefore fully effective as of 6pm London time 20
August.
Omega said its listing of common shares will be cancelled and stock
will cease to be admitted to trading on the London Stock Exchange
at 8am on 21 August.
The firm said that settlement of the cash consideration in respect
of the acquisition...
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