Deal needs 75% acceptance to go through
Some 55.2% of Lloyd’s broker THB’s shareholders have agreed to vote in favour of the takeover offer from UK broking group AmWINS.
On 14 November AmWINS offered 80.55 pence per THB share for the company, valuing THB at £31.8m.
The deal needs approval from shareholders representing 75% of THB’s outstanding shares to go through. The deal had acceptance from shareholders representing 50.8% of the outstyanding shares as of 14 November.
The acquisition, if completed, will boost AmWINS’s premium distribution volume to $6.7bn (£4.3bn).
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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