-
The ECI-backed business will likely be marketed on a ~£15mn Ebitda figure. -
In an interview with this publication, the executive said the broker will consider M&A in its bid to expand.
-
DM Insurance Broker specialises in bond insurance and surety bonds across a variety of industries.
-
The deal marks Xenia’s ninth acquisition in three years and kicks off its international expansion plans.
-
The deal will see the bank pay Covea around EUR310mn for its majority stake in their life insurer joint venture.
-
Cabot Square Capital previously owned a stake in the business.
-
A proxy statement yesterday also revealed that Berkshire Hathaway’s merger agreement does not demand a break fee.
-
The deal comes after NFP bought KGJ in the UK and Thompson Flanagan in the US last year.
-
A $90mn capital charge relating to the former Ace run-off asbestos book is a bear signal for the wider legacy market.
-
The Killarney-based broker places more than EUR60mn in premium annually.
-
The company will now have 15 months from admission to the LSE to complete a merger.
-
The London market wholesaler stands to gain a variety of benefits from a possible Australian owner.
Most Recent
