Lovells handles IAG’s purchase of EIG
Lovells, led by partner Tim Goggan, has advised Insurance Australia Group (IAG) on the £570m acquisition of Equity Insurance Group (EIG). IAG also announced an underwritten equity placement of A$600m (£236.67m) to fund the acquisition, with the balance of the funds provided by a share purchase plan, internal funds and subordinated debt. Osborne Clarke, led […]