PSC Insurance Group Nears Acquisition by Ardonagh
Company Announcements

PSC Insurance Group Nears Acquisition by Ardonagh

PSC Insurance Group Ltd. (AU:PSI) has released an update.

PSC Insurance Group Limited has been in strategic discussions following multiple acquisition interests, culminating in a proposed acquisition by The Ardonagh Group. The deal, subject to satisfactory price, terms, and confirmed funding, was announced after careful consideration and due diligence by PSC. Ardonagh finalized the terms and secured funding on 8 May 2024, leading to an immediate market announcement by PSC.

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