BNH moves forward with acquisition plans
Broker Network Holdings has purchased its fifth member and plans to have acquired 22 companies by th...
Broker Network Holdings has purchased its fifth member and plans to have acquired 22 companies by the end of April 2006 following its listing on the Alternative Investment Market. BNH raised £2.5m, before expenses, following the placing of 3.5 million shares to fund the acquisition of members whose principals are looking for an exit route. Its latest acquisition is WEM Insurance Brokers.
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