Mergers & acquisitions (M&A)

Ardonagh to sell Bennetts after CMA ruling

Ardonagh has offered to sell motorcycle specialist Bennetts to address the concerns of the Competition and Markets Authority and avoid a “long, burdensome and expensive phase two enquiry”.

Analysis: A tale of two mutuals

Eleven days apart in June, two of the UK’s mutual insurers – Police Mutual and LV – made announcements regarding their futures. Their decisions herald challenging times for the mutual model.

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