Insurance Post

Domestic and General shares jump 10% after £523.9m offer

Shares in Domestic and General shot up 10.13% [128 pence] by 11:00 today on the news that the board of directors of AIDG Jersey Acquisitions have reached agreement on the terms of the recommended cash acquisition of the entire issued and to be issued share capital of the company.

Under the terms of the proposal from AIDG Jersey Acquisitions, a company formed at the direction of Advent International plc, each D&G Shareholder will receive 1425 pence in cash for each D&G Share

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