PSI psc insurance group limited
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News: PSI Australia's PSC Insurance agrees $1.51 bln takeover by UK's Ardonagh

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    08/05/24
    17:35
    Post #: 73731315

    May 8 (Reuters) - Australia's PSC Insurance (PSI) said on Wednesday it has entered a binding scheme implementation deed for UK-based insurance distribution platform Ardonagh Group to buy the firm in a deal that values the company's equity at A$2.3 billion ($1.51 billion).

    ($1 = 1.5211 Australian dollars)

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