BP Marsh shares up 6% on £380mn Kentro sale
BP Marsh will receive a £51.5mn ($64mn) cash consideration from the sale of its stake in Kentro Capital to US retailer Brown & Brown, a deal the specialist UK insurance investor says will transform its ability to execute its strategy of backing niche, entrepreneurial intermediaries and MGAs.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below