Brit agrees sale of BIL to RiverStone

by Richard Kilner

Story link: Brit agrees sale of BIL to RiverStone

Brit Group has announced that it has agreed the sale Brit Insurance Limited (BIL) to RiverStone Group. The sale is subject to the necessary regulatory approvals and is expected to be concluded in the fourth quarter of this year. Until the transaction is completed Brit Group will maintain in BIL the equivalent capital to be [...]