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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.
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Title Annotation:United Kingdom
Publication:Best's Review
Date:Dec 1, 2006
Words:40
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