Broker has confirmed talks in stock exchange announcement
Jelf share price has risen sharply this morning following the news that Marsh is in talks to buy the broker.
Jelf’s shares were trading at 244p at 9.31am, up 17.9% on yesterday’s closing price of 207p.
Insurance Times reported this morning that Marsh was in talks with Jelf about a possible bid.
Jelf has since made an announcement to the stock exchange confirming the talks and saying that it is being advised on the potential deal by Fenchurch Advisory Partners.
Under the rules of the City Code on Takeovers and Mergers, Marsh has until 16 September to either table an offer or say that it does not intend to make an offer.
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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