Luxury yacht insurance broker Sturge Taylor has announced an interest in Marsh's U.K. yacht business.
Luxury yacht The term luxury yacht refers to a very expensive privately owned yacht which is professionally crewed. Also known as a super-yacht or a mega-yacht, a luxury yacht may be either a sailing or motor yacht. insurance broker STURGE TAYLOR has announced an interest in MARSH'S U.K. yacht business. The company said it has signed a letter of indication of interest with Marsh concerning a possible buyout Buyout
The purchase of a company or a controlling interest of a corporation's shares.
Notes: A leveraged buyout is accomplished with borrowed money or by issuing more stock. in what is a niche market A niche market also known as a target market is a focused, targetable portion (subset) of a market sector.
By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. .
COPYRIGHT 2006 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
|
Reader Opinion