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Headline

BLG and Clydes eye UK top 10 slot with potential merger

Comment

Merger? Takeover more like. BLG need a deal because they are severely weakened by departures. Clydes get to take out one of their major rivals and pick up a cracking professional liability and a reasonable casualty practice in the process. Then they can get on with the heavy pruning to bridge the PEP gap. Presumably the BLG name disappears within 3 years. Smart move by Clydes.

Posted date

3-Jun-2011

Posted time

8:45 pm

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