KIRS Group Limited (the “Company”) today announces the release of a shareholder written resolution requesting the approval of (1) the issue of convertible equity certificates (“CECs”) and subsequent conversion of CECs into ordinary shares in the Company, (2) the allotment and issue of new ordinary shares in Nevada Investment Holdings 5 Limited, (3) the allotment and issue of new ordinary shares in Nevada Investment Holdings 6 Limited, (4) the allotment and issue of new ordinary shares in Nevada Investment Holdings 7 Limited, and (5) the allotment and issue of new ordinary shares in Towergate Insurance Limited.
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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.