CVC and Apollo offer is £10.75 plus 25p if price rises

Brit shares rose 4.1% to £10.28 after it said it would recommend shareholders to accept an £850m joint offer from CVC Capital Partners and Apollo, City Am reports.

The offer is for £10.75 a share plus 25p per share if the fully diluted value of Brit’s assets passes £10.75 per share before the end of the year.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

Topics