Brief: Admiral Group Acquires Flock To Drive Innovation In Commercial Motor Market
Feb 12 (Reuters) - Admiral Group PLC ADML.L: ADMIRAL GROUP ACQUIRES FLOCK TO DRIVE INNOVATION IN COMMERCIAL MOTOR MARKET ADMIRAL - DEAL VALUES FLOCK EQUITY AT £80M ADMIRAL: DEAL WILL BE FUNDED THROUGH EXISTING RESOURCES AND CREDIT FACILITIES ADMIRAL - FLOCK CEO ED LEON KLINGER TO JOIN ADMIRAL PIONEER ADMIRAL - DEAL'S IMPACT ON SOLVENCY RATIO TO BE LESS THAN 10 POINTS Source text: ID:nGNE7phqZt Further company coverage: ADML.L ((Reuters.Briefs@thomsonreuters.com;))