Broker Network rejects bid
Broker Network has snubbed a recent acquisition approach, strongly believed to have been made by Axa or Towergate.
Shares rose after the announcement by 2.5p to 467.5p, as Broker Network revealed talks were continuing and that an improved offer may be forthcoming.
In a statement, the company said: "On 12 October, Broker Network announced that it had received an approach that may, or may not, lead to an offer being made for the company. The board of Broker Network has held discussions with the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Broker
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Covid BI claims payments hit £765.8m
- Analysis: Gefion collapse highlights risks of unrated capacity
- Aston Lark Ireland seals fresh deal in Dublin
- XS Direct secures UK location with Brightside MGA buy
- Saga appoints CEO
- Mark Wilson's Abacai makes six leadership hires
- Clear furthers expansion with Anderson White buy