Acquisitions – Never hurry a Murray!
Abid Hussain, Panmure Gordon’s Insurance Research Analyst, sat down with Steve Murray, CEO of Chesnara Plc, to talk about a range of topics including including why he does not feel the need to splash out on larger M&A.
Currently, opportunities exist to conduct smaller deals with higher returns on capital. This was evidenced in the recent acquisition of Canada Life UK’s protection policies. So, whilst investors might want Steve Murray to do a larger deal, sooner rather than later, it is clear he will only move for the right deal – in other words never hurry a Murray.
Listen to the full podcast here: https://vimeo.com/manage/videos/828309647
Director, Research Analyst, Insurance
Research Analyst, Insurance