Markel Catco says buyout transaction delayed until Q1 after challenges
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Markel Catco says buyout transaction delayed until Q1 after challenges

markel Catco logo Bermuda.jpg

Markel Catco announced that its proposed buyout of investors will be delayed until the first quarter, as a Bermuda court adjourned hearings on the scheme into early December.

An initial hearing was held earlier this week at Bermuda’s Supreme Court, at which sources said it was established that the fund manager would have to provide more information to investors on details and assumptions built into the proposal.

Markel...

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article