Saga Acromas sale talks collapse
Saga
123.40p
12:40 24/12/24
3.01%
3.60p
Saga said on Thursday that talks with Australia’s Open Insurance over the potential sale of its underwriting business, Acromas, have ended without an agreement.
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12:54 24/12/24
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The company first announced the talks on 10 February.
Saga added that its full-year results, due on 4 April, are expected to be in line with the update provided on 24 January.
At 1005 GMT, the shares were down 3.7% at 168p.