Sir Peter Wood explores esure stake sale - reports

Esure founder and chairman Peter Wood

Shares in insurer esure rose after the weekend following reports that Sir Peter Wood had held informal discussions about selling his 30.8% share in the business.

The Sunday Times reported that Wood had discussed a stake sale with potential buyers – a move which could prompt the sale of the whole business according to the article.

It also noted that a number of insurance bosses had claimed to have been contacted in recent weeks in order to test if there was interest in the deal.

At the time of

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