UK - Pamplona seeks stake in Chaucher Holdings
Private equity firm Pamplona Capital Management is reportedly in talks with listed insurer Chaucher Holdings over the acquisition of a 30% stake in the business.
It has been reported that Pamplona has been in talks with Chaucer since January. The company's hedge fund exposure is said to be an issue for the firm.
Chaucher launched a £75m capital raising in January. Shares of the company have halved in value over the past year, but rose by 6% yesterday.
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