Hyperion and RK Harrison in exclusive merger talks

merge

Move could create largest employee-owned insurance intermediary group with projected revenue of £400m.

Hyperion and R K Harrison (RKH) have entered into exclusive merger discussions.

The newly merged company is proposed to be called Hyperion Insurance Group with underlying businesses including Howden, Dual, RK Harrison and Aqua maintaining their brands. The proposed transaction is subject to the customary regulatory and legal approvals and would need to be approved by the shareholders of both organisations in order to proceed.

If it goes ahead the deal could, according to the merger announcement

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