Howden Group buys UK insurance broker Aston Lark: Reuters

UK insurance firm Howden Group has bought UK insurance broker Aston Lark from Goldman Sachs Asset Management and Bowmark Capital, reported Reuters.

UK insurance firm Howden Group has bought UK insurance broker Aston Lark from Goldman Sachs Asset Management and Bowmark Capital, reported Reuters. The newswire noted that Howden paid 1.1 billion pounds ($1.5 billion) in the transaction. Aston Lark chief executive Peter Blanc will become executive chairman of Howden’s UK retail broking operations.

Source: Reuters