Munich Re offers to sell 12.1m Admiral shares
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Munich Re offers to sell 12.1m Admiral shares

Rachel Dalton
27 October 2021
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Munich Re yesterday offered to sell 12.1 million shares in UK car insurer Admiral at £29.4 per share, a 3% discount to yesterday’s closing price, according to reports.

Bloomberg reported that UBS was the bookrunner for the sale. As of 8.45am this morning, Admiral’s shares were trading down 4.96%

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Rachel Dalton
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