Brief: On March 20, White Mountains Insurance Group' Unit and NSM Insurance Group Entered Into Agreement To Acquire Kingsbridge Group Limited

White Mountains Insurance

23/03/2020 14:38

March 23 (Reuters) - White Mountains Insurance Group Ltd
 WTM.N :
    * WHITE MOUNTAINS INSURANCE GROUP LTD - ON MARCH 20, NSM
INSURANCE
GROUP, LLC, CO'S UNIT, ENTERED INTO AGREEMENT TO ACQUIRE
KINGSBRIDGE GROUP LIMITED
    * WHITE MOUNTAINS INSURANCE GROUP LTD - DEAL, WHICH IS
EXPECTED TO
CLOSE IN Q2 OF 2020, VALUES KINGSBRIDGE AT APPROXIMATELY £120
MILLION
    * WHITE MOUNTAINS INSURANCE GROUP LTD - DEAL CONSISTS OF
ABOUT
£103 MILLION IN UPFRONT CASH

Source:(https://bit.ly/3a8PBeh)
Further company coverage:  WTM.N 

 ((Reuters.Briefs@thomsonreuters.com;))