Late-cycle Lloyd's M&A rush starts to gather pace
The Lloyd's market looks on course for a resurgence of
M&A in the latter stages of the soft cycle with a number of
situations developing in the wake of Argenta's fully valued
sale to Hannover Re last month.
Changes in equity ownership are on the cards for at least six
Lloyd's businesses, with possible scope for transactions or
restructures at a number of others.
In addition, there is a pipeline of other companies that are
likely to ultimately seek transactions,...
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