Insight and Intelligence on the London & International Insurance Markets 18 Mar 2018
Integro-Tysers deal nears the finish line
- 13 March 2018
Integro is close to signing its long-delayed deal to acquire Tysers, five months after the two parties entered exclusivity, The Insurance Insider can reveal.
Sources had speculated at times this year that the deal may never be finalised as the timeline was continually pushed out.
The extended period of exclusivity is believed to have reflected the limited due diligence done before the parties went exclusive, as well as challenges around valuation caused by account losses at Tysers and foreign exchange...
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