No bidders waiting as RSA speculator quits
An attempt by controversial financier Andrew Regan to move on Royal & Sun Alliance (RSA) came to not...
An attempt by controversial financier Andrew Regan to move on Royal & Sun Alliance (RSA) came to nothing last month and analysts do not expect any further attempts to surface in the short-term.
Rumours that Corvus Capital, financier Andrew Regan's Aim-listed vehicle, was attempting to buy RSA saw the insurer's price rally, amid questions of how the bid money would be raised.
An official Corvus bid was not made, but in a statement the firm said it wanted to acquire "a sizeable company with a proven
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