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AUB GROUP LIMITED — M&A Activity 2024
Jun 30, 2024
64456_rns_2024-06-30_9ba6fd1b-c705-47aa-a432-4b22c3b51b8b.pdf
M&A Activity
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ASX Announcement
1 July 2024
The Manager Market Announcements Office Australian Securities Exchange Ltd Level 6, Exchange Centre 20 Bridge Street Sydney NSW 2000
AUB Group completes acquisition of Pacific Indemnity
On 22 May 2024, AUB Group Limited ( AUB ) announced that it had agreed to acquire a 70% equity stake in Pacific Indemnity, a leading specialist underwriting agency based in Australia, with completion expected on 1 July 2024.
AUB is pleased to announce that the acquisition of Pacific Indemnity completed today as scheduled.
The release of this announcement was authorised by Mike Emmett, AUB Group CEO and Managing Director.
For further information, contact Richard Bell, Chief Legal and Risk Officer, on +61 2 9935 2222 or [email protected].
About AUB Group
AUB Group Limited (ASX: AUB) is an ASX200 listed group of retail & wholesale insurance brokers and underwriting agencies operating in ~570 locations globally. Over 5,000 team members work with ~950,000 clients to place ~AUD 9.5bn in insurance premiums with local and foreign insurers.
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