Just Group agrees to £2.4bn Brookfield takeover deal

Just's directors are expected to unanimously recommend that shareholders vote in favour of the sale. Under the terms of the deal, Brookfield will pay 220p per share, representing a 75% premium on the closing price of 126p on 30 July 2025. The acquisition would be expected to close in the first half of 2026. BWS, spun off from Canada's Brookfield in 2021, primarily operates in North America but has recently upped its focus on the UK market. In March, the business revealed the launch of its UK insurance operations through subsidiary Blumont Annuity Company UK (Blumont). Through...