04-10-2016 16:13 via insuranceinsider.com

RFIB eyeing Tysers acquisition

RFIB, the London market broker backed by private equity house
Calera Capital, has made an approach to acquire venerable Lime
Street peer Tysers, The Insurance Insider
can reveal.
Sources said that RFIB is interested in a deal that could see
the larger broker acquired for roughly £100mn ($128.5mn).
However, sources have said that Tysers - although open to a
transaction with the right buyer - is resistant to a tie-up with
RFIB owing to cultural issues.
A sale to RFIB...
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