Tug of war over Cobra fuels speculation


The news that Cobra Holdings was up for sale has had networks in particular rubbing their hands in glee at the prospect of opportunities in the market.

On 3 April the Cobra group announced it was in discussions about a possible sale with both Towergate and a new company called Alto Intermediary Group, formed by current Cobra CEO, Stephen Burrows.

According to the official statement there is no guarantee of a bid coming out of the discussions but the overwhelming sentiment among brokers is that

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