Markel revises terms on Catco buyout deal
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Markel revises terms on Catco buyout deal

Luke Harrison
26 October 2021
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OLD DONT USE OLD

Markel Corporation has secured investor support for the proposed buyout transaction of Markel Catco which, with improved terms, will return funds to investors.

Markel said it received a “substantial level” of support from investors equating to 90% of Markel Catco Reinsurance Fund – a private fund in which provisional liquidators have been appointed – following conclusion of an early consent deadline for...

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