Second broker in a week enters administration
Chester-based insurance broker Astbury Wren and Company has been sold to a competitor after the business went into administration.
According to thebusinessdesk.com, Jim Stewart-Koster and Kerry Bailey of accountancy firm PKF were appointed as joint administrators to the firm on Monday 20 February.
The article stated that in the run-up to their appointment the pair had arranged a pre-packaged sale of its business and assets to competitor Risk Services (NW).
Reports suggest 13 full-time and two part-time jobs will be transferred to Risk Services.
Creditors have been requested to submit claims for any money they are owed to
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