Erinaceous left in the cold
The ongoing saga of the potential takeover of the Erinaceous Group ground to a halt with the news th...
The ongoing saga of the potential takeover of the Erinaceous Group ground to a halt with the news that the private equity arm of HBOS had pulled out of negotiations to buy the property insurance specialist as the global credit crunch bit hard.
Erinaceous issued a statement that made it clear that discussions had finally come to an end: "Management explored the options with a number of interested parties but concluded, particularly in the light of recent global credit markets, that the interests
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