Admiral Group PLC

ADM: XLON (GBR)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Admiral: Agrees on the Sale of Its US Motor Business to JC Flowers; Shares Undervalued

Admiral has agreed on the sale of its US motor business, Elephant, to JC Flowers, which is expected to close in the fourth quarter of this year subject to regulatory approval.

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