Global Indemnity stock closes down 15% after Penn-America sale process suspended
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

Global Indemnity stock closes down 15% after Penn-America sale process suspended

Aisling Finn
December 07, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
global indemnity GBLI.jpg

Global Indemnity has suspended the potential sale or merger of Penn-America, its SME-focused E&S platform.

Saul Fox, chairman and controlling shareholder, said: “Our merger and acquisition market information that suggested we pursue a transaction at this time was not realized.”

Jay

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsM&A
aisling finn/aisling finn ii us.png
Aisling Finn
Reporter
Contact
Gift this article