Kiln agrees to cash bid
Kiln has agreed to a cash bid from Tokio Marine that values the company at £442m - or 150p a share -...
Kiln has agreed to a cash bid from Tokio Marine that values the company at £442m - or 150p a share - under a deal that will see Tokio use the Kiln management and brand to spearhead its international expansion plans. The deal has put a 40% premium on Kiln's average share price of the past 100 days.
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