The Competition and Markets Authority believes this move could remedy the concerns it had over this deal
Ardonagh has offered to sell Bennetts Motorcycling Services Limited, reversing its deal to buy the bike broker in a bid to address concerns raised by the competition authority.
The Competition and Markets Authority(CMA) has accepted this proposal from Ardonagh to fully unwind its recent £26m purchase.
Read more…
We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.
Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:
Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.