Tysers in shortlisted RFIB M&A talksTysers and its owner Odyssey Partners has emerged as a candidate to buy the private equity-owned RFIB Insurance Brokers which would create an independent London market wholesaler with total revenues in the region of £200mn ($260mn), The Insurer can reveal.
Heaney steps down from SSL EndeavourQuintin Heaney, the experienced London market broking CFO, is leaving the JC Flowers-owned broking consolidation vehicle SSL Endeavour, The Insurer can reveal.
Tysers staff finally receive £110mn windfall in cash and Integro stockThe management and staff of London market broker Tysers have received a £110mn windfall in cash and Integro stock following the approval of its drawn-out takeover by the US intermediary.
Integro confirms Tysers £110mn deal approvalIntegro has received official approval from the UK Financial Regulation Authority for its deal to acquire London market broker Tysers.
Tysers £110mn sale receives FCA approvalIntegro’s drawn-out £100mn-£110mn acquisition of London market wholesaler Tysers will soon complete following approval by UK regulator FCA this week, re-Insurance.com understands.
Goldstein’s surprise Integro exit delays Tysers dealNews that Integro CEO Bill Goldstein has left the US firm has yet further delayed the expansive broking house’s acquisition of London market intermediary Tysers, re-insurance.com has learned.
Tysers delays dividend as Integro sale talks drag onIndependent London market broker Tysers has warned shareholders not to expect the year-end dividend to be distributed in February as sale talks with potential acquirer Integro drag on, re-Insurance.com has learned.
Integro close to acquiring London market broker TysersIntegro, the New-York headquartered broker formed by the late Bob Clements in 2005, is in advanced stages to acquire the independent London market broker Tysers.