Markel revises terms on Catco buyout deal
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Markel revises terms on Catco buyout deal

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Markel Corporation has secured investor support for the proposed buyout transaction of Markel Catco which, with improved terms, will return funds to investors.

Markel said it received a “substantial level” of support from investors equating to 90% of Markel Catco Reinsurance Fund – a private fund in which provisional liquidators have been appointed – following conclusion of an early consent deadline for...

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