THB completes broker acquisition
THB Group has acquired the balance of minority shareholdings in FiSure Holdings
THB Group has acquired the balance of minority shareholdings in FiSure Holdings, giving it 100% ownership of the professional risks and directors' and officers' insurance broker.
As originally reported in August 2006, THB will pay consideration based on the performance of the acquired business over the three years ending 30 April 2011, to be settled as to two-thirds in THB ordinary shares and one-third in loan notes.
A London Stock Exchange statement said: “The first year of the earnout having
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