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.
Latest announcements
MDS Brazil, part of The Ardonagh Group, to acquire Brazilian D’Or Consultoria
MDS Brazil, a subsidiary of Ardonagh-owned MDS Group (“MDS”) and one of the country's major brokers in the insurance, reinsurance, benefits management and risk consulting segments, today announces it intends to acquire D'Or Consultoria (“D’Or”), a health, dental, life insurance and pensions broker from Rede D’Or Sao Luiz. S.A. (“Rede D’Or”).
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.