Bollington completes MBO
Bollington Group chief executive Paul Moors has headed a management buyout (MBO) of the broker.
The future of the broker - which had previously formed part of Groupama's UK broking arm - had previously been the subject of speculation.
However, in a statement, Bollington confirmed that the majority share deal was conducted using a specially created body, Talbot Deane Investments.
In an announcement, the broker confirmed: "The management team of The Bollington Group (Holdings) Limited, headed by its chief executive officer Paul Moors, wish to confirm that they have reached agreement to buy
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