Hanover confident Chaucer bid momentum will not stall
US firm The Hanover Insurance Group remains confident it will succeed in its bid for Chaucer, despite Pamplona's refusal to sell its stake in the Lloyd's insurer.
The Hanover's £313m offer was accepted by the Chaucer board and 23.5% of shareholders last week. The offer is worth 53.3p a share plus a final dividend of 2.7p per share. However, private equity firm
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