3rd Mar 2025 13:05
XPS Pensions Group PLC - Reading, England-based pensions consulting and administration company - Completes acquisition of Polaris Actuaries and Consultants Ltd. It will pay a consideration of GBP23.4 million for the London-based insurance and consultancy business with a blue chip client base. An additional contingent cash consideration of up to GBP35.0 million will be payable in three years, depending on achieving certain stretching business performance criteria. XPS says the acquisition will "materially accelerate" its strategy of "becoming a leading player in the fragmented UK Insurance Consulting market".
Current stock price: 370.00 pence, unchanged from previous close
12-month change: up 59%
By Michael Hennessey, Alliance News reporter
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