Where next after the Brit Insurance buyout?
If 95 percent of Brit shareholders accept the recommended Apollo-CVC offer that values the UK insurer at £865mn, then early next year the largest buy-out of a quoted Lloyd's underwriter will have occurred and Brit will slip away from public ownership.
To the outside world, however, it is unlikely to initially appear any different. Brit's management team - led by Dane Douetil - will remain in place, the insurer's logos will continue to be emblazoned on the England cricket team...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.
Purchase
Follow us:
