AXIS raises offer for Novae acquisition

25-08-2017

Bermuda-based re/insurer AXIS Capital Holdings said on Aug. 24 that it raised its cash offer to acquire Lloyd's property/casualty underwriter Novae Group to £477.6 million, or 715 pence in cash for each Novae share.

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AXIS, Novae acquisition, Acquisition, M&A, North america, Europe

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