XL's £2.79bn Catlin takeover confirmed
XL Group's acquisition of Lloyd's heavyweight Catlin has been confirmed in a note to the London Stock Exchange valuing Catlin at £2.79bn.
The deal, revealed on 17 December 2014, is expected to become effective in mid-2015.
The total value receivable by Catlin shareholders is 388p in cash and 0.130 new XL share for each Catlin share plus
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