JLT aims to buy Pavilion in £6.6m deal
The boards of JLT Corporate Risks Limited, a wholly owned subsidiary of Jardine Lloyd Thompson Group, and Pavilion Insurance Network announced that they have reached agreement on the terms of a recommended cash offer for the whole of the issued and to be issued share capital of Pavilion.
Under the terms of the Offer, Pavilion Shareholders will be entitled to receive 12 pence per Pavilion Share in cash. On this basis, the terms of the Offer value the issued and to be issued share
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