BusinessCompany NewsDeadline on Independent deal extended

Deadline on Independent deal extended

PricewaterhouseCoopers, joint liquidators to Independent Insurance, has announced an extension to the acceptance deadline for the marketwide broker deal.

The extension follows yesterday’s meeting in Birmingham and discussions with members of the broker representative group.

Dan Schwarzmann, joint provisional liquidator, said: ‘A significant number of brokers have presented good reasons for a short time extension to the deadline for acceptance of the marketwide deal. As a final gesture of goodwill from the joint provisional liquidators, we have agreed to extend the deadline to the close of business on Wednesday 26 June 2002.’

‘No further extension to the deadline will be made,’ added Schwarzmann.

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