Insurance Post

Canopius says Omega deal has backing

The Lloyd's building

Canopius has said that it expects to complete its due diligence following its 83p a share proposed bid for Omega by 30 September 2011.

If it moves to a full offer, shareholder could vote as early as November. It claims to have shareholder support.

Michael Watson, chairman, said: "We are encouraged by the feedback from a wide range of

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