First round of bids for Open and Direct
A source close to Open and Direct's parent, private equity house Alchemy, has said the first round o...
A source close to Open and Direct's parent, private equity house Alchemy, has said the first round of bids have been received for the Northern Ireland broker, which includes Midlands-based Footman James. Alchemy Partners financed the buyout of Open and Direct in April 2002 for £128.4m and invested £27.15m.
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