Catalina strategic process launched

Legacy heavyweight Catalina has lit the touch-paper on its
strategic process, with interested parties invited to submit
indicative proposals by the end of the month, The
Insurance Insider can reveal.
In early March this publication revealed that Catalina and its
owners, including investment giant Apollo,had brought Barclays Capital in to explore a change to its
ownership. It is understood that JP Morgan's New York
office has also been mandated.Investor memoranda have now been sent out to parties