CVC and Apollo in Brit Insurance agreement

The offer price of £10.75 per share, plus an additional 25p per share if the company's net tangible assets at the end of the year exceed £11, values the company at up to £888m.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com

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• Topics
• UK / Ireland
• Financials
• Buyouts
• Apollo Management
• CVC Capital Partners