Finance chief reveals “lots of people knocking” on Howden’s door

It’s been revealed that international insurance coverage group Howden is getting consideration from buyers, and group chief govt David Howden isn’t against the concept of presumably welcoming new stakeholders to again acquisitions.

“That technique is one thing that we might undoubtedly be open to,” Howden advised Reuters, referring to potential fairness investments that might assist fund M&A (mergers and acquisitions) transactions.

In the identical interview, group chief monetary officer Mark Craig mentioned: “We’ve obtained lots of people knocking on the door.”

As introduced together with its monetary outcomes final week, Howden has £1.1 billion at its disposal to additional develop the UK-headquartered enterprise.

In 2023, Howden accomplished 56 acquisitions and welcomed 1,000 new worker shareholders. Globally, the group is manned by round 16,000 folks.             

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