Brief: Channel Capital Undertakes Management Buyout Supported By Kudu Investment

White Mountains Insurance

09/11/2020 13:48

Nov 9 (Reuters) - White Mountains Insurance Group Ltd
 WTM.N :
    * CHANNEL CAPITAL UNDERTAKES MANAGEMENT BUYOUT SUPPORTED BY
KUDU
INVESTMENT MANAGEMENT
    * CHANNEL CAPITAL PTY LTD - FINANCIAL TERMS WERE NOT
DISCLOSED
    * CHANNEL CAPITAL PTY LTD - UPON COMPLETION OF DEAL,
EMPLOYEE
SHAREHOLDERS WILL CONTROL A GREATER SHARE OF DIVERSIFIED
INVESTMENT MANAGEMENT GROUP
    * CHANNEL CAPITAL PTY LTD - KUDU WILL OWN A PASSIVE,
MINORITY
SHARE IN BUSINESS

Source text for Eikon:  ID:nPn4LNckXa 
Further company coverage:  WTM.N 

 ((Reuters Messaging: Reuters.Briefs@thomsonreuters.com))