Markerstudy makes Brightside bid after “non-aggressive” 9% stake
Gibraltar-based motor insurer Markerstudy has approached Brightside over a potential takeover, despite the insurer’s chief underwriting officer insisting an earlier purchase of a stake in the firm would be “non-aggressive”.
The Markerstudy bid, which values the broker at £123m or 27 pence per share, was disclosed to the London Stock Exchange in an announcement this morning.
Brightside said that talks remain in a
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