London 14 July 2017 - KIRS Midco 3 plc, which issued £400,000,000 in aggregate principal amount of 8.375% Senior Secured Notes due 2023 and $520,000,000 in aggregate principal amount of 8.625% Senior Secured Notes due 2023 pursuant to an indenture dated June 20, 2016, is pleased to confirm that it has changed its name from KIRS Midco 3 plc to Ardonagh Midco 3 plc with effect from today's date.
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Ardonagh to acquire Australian-headquartered and ASX-listed PSC Insurance Group in landmark A$2.3 billion transaction
The Ardonagh Group (“Ardonagh” or “the Group”), one of the world’s largest independent insurance broking platforms, today announced it has entered into a Scheme Implementation Deed (“SID”) to acquire all of the issued ordinary shares in PSC Insurance Group Limited (ASX:PSI) (“PSC”) for A$6.19 in cash per PSC Share pursuant to a scheme of arrangement.
Ardonagh to acquire Italian commercial lines business Mansutti S.r.l
The Ardonagh Group (“Ardonagh”) today announces it has agreed to acquire Mansutti S.r.l, the commercial lines business of Italian insurance broker, Mansutti S.p.A.