The Ardonagh Group Limited ("Ardonagh") today announces that on 31 January 2019 it completed the previously announced acquisition of Nevada Investment Holdings 2 Limited ("Nevada"). Nevada is the holding company for the Minton House Group, Professional Fee Protection and Health Insurance Group businesses.
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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.