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Axa to acquire Smart and Cook in £2bn premium national broker push

Speculation is mounting that Harrogate-based consolidator Smart and Cook will be the next broker acq...

Speculation is mounting that Harrogate-based consolidator Smart and Cook will be the next broker acquisition to be made by Axa, in what is understood to be a bid to help form a broker with £2bn in premium income. As Professional Broking went to press, rumours abounded in certain quarters that a deal with Axa was not only probable but that it could be completed as early as mid-April. The purchase would be a major development for Axa and the UK broker market, as it would be the first consolidator

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