-
Rasher also has offices in Seville, Cordoba, Valencia, Malaga, Granada and Pamplona, as well as Latin America. -
The business will test the market from a position of strength after impressive early profits and robust growth.
-
The executive said the combined entity could execute 100-110 tuck-in M&A deals a year.
-
The deal represents a 14.3x Ebitda multiple and strengthens Gallagher’s mid-market position.
-
If the deal is finalised, it will represent the largest in the acquirer’s history.
-
Aviva increases its offer to 275p per Direct Line share.
-
The firm is seen as an outstanding competitor to larger rivals in credit and political risk.
-
The Lloyd’s (re)insurer is looking to execute a five-year plan to double GWP to $3bn.
-
The sale of the business was confirmed in June.
-
The transaction has received all required regulatory approvals and closed.
-
The insurer will have until Christmas to make a formal offer or withdraw.
-
Insight into the current state of the insurance M&A market, powered by the Insurance Insider M&A Deal Tracker.
