Ardonagh agrees to acquire Portuguese broker MDS in £200mn deal Rachel Dalton 23 December 2021 Twitter LinkedIn Email Show more sharing options Share Close extra sharing options Twitter LinkedIn Email Copy Link URLCopied! Print Ardonagh has struck a deal to acquire MDS, the EUR74.8mn ($84.7mn) revenue broker based in Porto, Portugal, just weeks after a major refinancing deal that valued the business at $7.5bn. To unlock this article Register for a free 14 day trial Already a subscriber? Login now