Homeserve Eyes Buy to Create a Pounds 1.8 Billion Insurance Shop

Evening Standard - London › May 22, 2007

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Summary

EMERGENCY plumber Homeserve aims to create a Pounds 1.8 billion one-stop household insurance shop with a potential Pounds 500 million takeover of Domestic General.

The takeover currently under discussion would see DG's household appliance warranties business grafted on to Homeserve's cover insuring homes in the event of an emergency call out of plumbers, boiler engineers and electricians.

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Homeserve Eyes Buy to Create a Pounds 1.8 Billion Insurance Shop

However, the City is unsure ab...

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