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CEO says he welcomes equity investors to fund deal

insurance news
Written by Terry Ganquanco
Global insurance group Howden is attracting attention from investors, it has been revealed, with group chief executive David Howden potentially welcoming new stakeholders to back the deal. I’m not opposed to that idea.
“That strategy is definitely one we embrace,” Howden said. Reutersrefers to equity investments that can help finance mergers and acquisitions (M&A) transactions.
“A lot of people are knocking on the door,” Mark Craig, the group’s chief financial officer, said in the same interview.
As announced alongside last week’s results, Howden has £1.1bn at its disposal to further grow the UK-based company.
In 2023, Howden completed 56 acquisitions and welcomed 1,000 new employee shareholders. The Group has approximately 16,000 employees worldwide.
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