Ardonagh Group announces landmark A$2.3bn acquisition of PSC Insurance Group to boost global insurance services

Ardonagh Group announces landmark A$2.3bn acquisition of PSC Insurance Group to boost global insurance services

The Ardonagh Group, one of the world’s premier independent insurance broking platforms, has entered into a definitive agreement to acquire all issued ordinary shares of PSC Insurance Group Limited (ASX:PSI) for A$6.19 per share. This acquisition, valued at an implied equity value of A$2.256 billion and an enterprise value of A$2.429 billion, marks a significant […]