Goldman Sachs and TPG may pay 60p a share
A consortium comprising investment bank Goldman Sachs and US private equity form TPG is interested in buying Lloyd's insurer Chaucer, The Telegraph reports.
City traders indicated the consortium could pay up to 61p a share for the insurer, the paper said.
Chaucer announced on 7 February that it had received several approaches. Entrepreneur Guy Hands' private equity firm Terra Firma emerged as one of the suitors.
Chaucer will announce its full-year 2010 results on Monday.
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.
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.
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