Students sell out to Zurich
The National Union of Students has sold its 15% stake in high street broker Endsleigh to Zurich. The...
The National Union of Students has sold its 15% stake in high street broker Endsleigh to Zurich. The insurer has also acquired the 40% share held by the management team to add to the 45% stake it acquired in 2002 from Dutch insurer Gouda, when the Swiss giant backed a management buyout. Managing director Mike Alcock will remain at the helm following the deal.
According to an NUS press release: "As a result of this deal, the NUS has today committed to reducing the level they receive from
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