Takeover panel extends deadline for Towergate to buy Cobra until May 28
The deadline for Towergate to buy Cobra has been extended from today until May 28 by the Takeover Panel.
The extended deadline also applies to Alto Intermediary Group Limited, the acquisition vehicle formed by current Cobra chief executive Steve Burrows.
A stock exchange statement said both companies are conducting due dilligence. Towergate chief executive Mark Hodges reckons his firm could add another £400m in premium income via acquisitions.
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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