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Article: Benfield Group Statement.
- Article from:
- Business Wire
- Article date:
- August 13, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
LONDON--(BUSINESS WIRE)--Aug. 13, 2002
In light of recent press speculation, the Board of Benfield Group plc wishes to confirm that it is not in discussions with any third party at the current time in relation to a possible offer for the company.
Furthermore, the Board also wishes to confirm that no third party has undertaken due diligence on the company in relation to a possible offer.
Benfield Group is a highly successful business with a unique ownership structure. With the company's share capital being controlled by its management and employees, the future ownership of the company is, inevitably, often the subject ...