INsight podcast: taking stock of the Johns Lyng takeover bid
The $1.1 billion private equity offer for Johns Lyng Group is discussed on the latest Insurance News podcast, with a shareholder vote on the proposal scheduled for October.
As previously reported, Pacific Equity Partners has offered $4 cash per stock – a 77% premium on Johns Lyng’s closing price on May 15, the day before the building group received an indicative offer.
This week’s edition of INsight, hosted by Insurance News MD Andrew Silcox, features deputy editor Wendy Pugh and senior journalists Bernice Han and Miranda Maxwell.
The panel also talks about the impact of renewable energy on home insurance, code compliance committee priorities for this financial year and the latest Swiss Re Sigma report.
You can find the latest episode, and previous episodes of INsight, published here.