Erinaceous buyout speculation gains speed
The Erinaceous Group has admitted that it has been the focus of recent private equity overtures, wit...
The Erinaceous Group has admitted that it has been the focus of recent private equity overtures, with a view to the completion of a full management buyout. The admission comes after a report in the Mail on Sunday, which indicated that a takeover or buyout was on the cards.
The Croydon-based property services and insurance company is believed to be in the early stages of discussions with private equity firm 3i - which recently sold its share of broker Smart and Cook to Axa - with Bridgepoint also
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