Markerstudy and Co-op silent on deal progress
Rumours of a sale to Markerstudy gather pace as reports suggest that the Co-op is looking to ensure majority of staff will remain based in Manchester.
Co-op Insurance is seeking an informal agreement to ensure that a large proportion of staff stay in post at its Manchester head-quarters ahead of a potential sale to Markerstudy, according to reports.
Co-op Insurance currently has 1,200 staff and the article stated that the deal would look to preserve at least 800 jobs.
Sky News reported that Markerstudy had entered a formal period of exclusivity to buy the business for £300m.
There has already been speculation that discussions between the
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