Sampo and RMI bid a ‘real vote of confidence’ in UK insurance, says Hastings CFO
The takeover offer from Finnish insurer Sampo and South African financial services firm Rand Merchant Investment holdings is a ‘real vote of confidence’ for UK Insurance, Hastings chief financial officer John Worth told Post as Hastings released its first-half results for 2020.
This morning, Sampo and RMI agreed a £1.66bn takeover with the directors of Hastings.
Commenting on the bid, Worth told Post: “We've announced this morning the acceptance of the bid from Sampo and
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