Acquisition - COBRA Tubbs Batten
COBRA Holdings PLC (AIM: CBRA), a major UK-based retail and wholesale insurance broking group, is pleased to announce it has today exercised an option to acquire the share capital of TUBBS Insurance Services Ltd (“Tubbs”), the terms of which were set out in the AIM Admission Document published on 29 June 2007.
Acquisition - UK & Ireland Insurance
COBRA Holdings PLC, a UK-based retail and wholesale insurance broking group, today announces the acquisition of UKI Holdings Ltd (“UK & Ireland”) and its subsidiary, UK & Ireland Insurance Services Ltd, a Manchester-based general insurance brokerage specialising in Commercial insurance, in particular for the construction industry. COBRA will pay a total consideration of approximately £4.3 million.
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