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Catlin - £2.5bn possible offer received from XL

19 Dec 2014

Slaughter and May is advising Catlin, a Bermuda-based insurer, in relation to the approach from XL Group Plc regarding a possible combination of the companies. The possible offer of 410 pence in cash and 0.130 shares for each Catlin share values the company at £2.53 billion pounds ($3.98 billion).

CONTACTS

Martin Hattrell (partner), Simon Nicholls (partner), Jan Putnis (partner), Steve Edge (partner), Jonathan Fenn (partner), Philippe Chappatte (partner), Murray Cox (associate), Gemma Carr (associate), Harry Hecht (associate)

Matter Type
M&A: Seller's Counsel
Industry
Insurance
News Category
M&A