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Posted on: Aug. 14, 2018, 7:16 a.m.
said it was in advanced talks to be bought by Bain Capital for 280p a share, or £1.2bn. The bid approach followed speculation last year that Sir Peter Wood, Esure’s founder and largest shareholder, was looking for an exit. RBC did not expect a counter offer, reasoning that trade players and private equity firms would have already run the numbers. Full investment news articleRelevent to this post: RBC Bain Capital,