Axis increases Novae takeover offer to 715p per share
Axis has improved its cash offer to acquire Novae to 715 pence per share valuing the Lloyd’s listed insurer at approximately £477.6m.
The move marks a 2.1% increase from the 700 pence per share offer Axis’s made in July. This is full and final offer the business is making for Novae’s entire share capital.
The Bermuda-based
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