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Giles confirms redundancies may be needed to "achieve benefits" of CBG deal

mike askew

Giles has today admitted that in order to achieve the planned benefits of the acquisition of CBG, some operational restructuring will be required following completion of the deal, which may lead to some redundancies.

In the offer document posted on its website the broker said these could come from the CBG Group and/or the Giles Group "where the businesses of the Giles Group and the CBG Group have overlapping

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