Howden seeks Oval or HSBC-sized broker takeover move

David Howden Hyperion

Howden is on the lookout for a "sizeable" acquisition, comparable to HSBC Insurance Brokers and Oval, to enable it to compete as a retail broker in the UK market.

The broker, which is part of Hyperion Group, signalled its intention to grow its UK operation last month when it appointed the founder of Layton Blackham, Chris Blackham, as a non- executive director

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