SEDGWICK BUYS BSI INCORP
Sedgwick Group Plc <SDWK.L> said its
wholly-owned Canadian subsidiary Sedgwick Tomenson Inc had
acquired BSi Incorp for a maximum eight mln Canadian dlrs.
    The funds will be raised through the issue of up to 1.16
mln ordinary Sedgwick shares to the vendors of BSi by no later
than 31 January 1991. Some 427,054 shares already have been
issued.
    BSi is a privately-held Canadian company involved in
actuarial, employee and executive benefits consulting and
administration. Its 1986 pretax profits excluding extraordinary
items totalled 1.14 mln Canadian dlrs.
 Reuter
