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Runoff specialist Catalina plans more acquisitions


Runoff specialist Catalina Holdings (Bermuda) Ltd. plans to make more acquisitions in the future, The Royal Gazette reports. Chris Fagan, chairman and chief executive of Catalina, said that the company's institutional investors had committed $300 million of additional equity capital to help fund future acquisitions. "We continue to see opportunities in Bermuda, the United States, across Europe and increasingly in the Far East and some less well-developed markets" Mr. Fagan said.

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