Willis Corroon set for growth in £951m US takeover deal.
Willis Corroon has announced its intention to grow via acquisition once the takeover by US buyout sp...
Willis Corroon has announced its intention to grow via acquisitiononce the takeover by US buyout specialist Kohlberg Kravis Roberts has been
completed.
Last month, KKR led a total cash offer of £851m for the firm - its largest
investment in Europe to date. An additional £100m for acquisition costs
and refinancing debts, made the final cost of the deal £951m. The deal
would see Willis Corroon switch from a publicly listed company to a
private firm.
Perry Golkin of KKR, said: "We will assess
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 info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk 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 info@insuranceage.co.uk
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 info@insuranceage.co.uk
Most read
- Zurich strikes five-year capacity deal with MGA Freedom Services
- Aviva to open branches in Chelmsford and Southampton
- Dual to open two UK offices as McGinn’s regional push gathers pace