Skip to main content

Chaucer bidder asks it to put £75m fundraising on hold

Lloyd's insurer Chaucer has revealed that one of its prospective bidders has asked it to put its fund raising on hold.

On 28 January 2009, Chaucer announced its plans to raise £75m (net of expenses) through the firm placing and placing and open offer.

In a statement today it added: "As set out in its announcement dated

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@postonline.co.uk or view our subscription options here: https://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Post? View our subscription options

Big Interview: Louise Birritteri, Pikl

Louise Birritteri, founder and CEO of Pikl, explains how the insurtech is reshaping risk, revenue and flexibility for short-term let property managers and how she is using profits to launch a mass market product plus expand into the US.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

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 individual account here