Market reacts to Open GI buyout
Brokers pleased that Towergate link has been further weakened
Open GI changed ownership again last month, as parent company Open International teamed up with Montagu Private Equity to complete a management buyout (MBO).
The deal was met with measured pleasure, with figures from the market offering their congratulations to CEO Chris Guillaume and his management team but also detailing areas for the tech provider to improve.
One broker who uses the Open GI system said that while they welcomed the deal, they were not expecting it to have any immediate impact
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