Novae-Omega merger falls through
Novae has announced to the London Stock Exchange that “it is unlikely a transaction can be structured in its interest” with fellow Lloyd’s insurer Omega.
On 31 May 2011, Novae Group had stated it was undertaking due diligence in evaluating the merits of proposing a possible merger.
As a result of the recent developments, the board of Novae has today
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