Markel offers Catco investors further sweetener to withdraw litigation
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Markel offers Catco investors further sweetener to withdraw litigation

Fiona Robertson
04 February 2022
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Markel Catco has reached a settlement with investors that were opposing its proposed early buy-out of their holdings, in a deal that will see US litigation withdrawn and an uplift to the buy-out proposal.

Markel will now pay all transaction costs in respect of the buy-out, and an additional 1.2% to 1.6% uplift in the initial payout for ordinary and class C shareholders.

The

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