Independent journal on economy and transport policy
12:47 GMT+2
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Britain Club and UK P&I Club renounces to the fusion
has announced the cessation of the negotiations
June 21, 2016
the mutual companies insurance Britain English Club and UK P&I Club have not reached an agreement on the fusion of the respective activities and have decided to place term to the under way negotiations in the months slid with the scope to put into effect the concentration( 26of February 2016).
In a note the boards of directors of the two companies have specified that, "even if is characterized a series of potential synergies and benefits, it has not been possible to reach an agreement to acceptable conditions".
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