Cobra takeover deadline extended again

Steve Burrows

The announcement to the London Stock Exchange confirmed that Alto, a company formed by Stephen Burrows, the chief executive of Cobra, had received credit approval for its funding, but that any offer remained subject to the satisfaction of various conditions precedent which were being addressed.

The original deadline to announce a firm intention to make an offer for Cobra was 1 May at which point Towergate were in the running however the broking giant pulled out on 18 May.

The deadline has, with

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 copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: