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Analysis: Unpacking the Ardonagh deal

Mergers and acquisitions

Broker Network members have given a resounding shrug of indifference to the news that after four years away the network is set to return to Ardonagh’s ownership as it buys up Bravo Group.

Ardonagh sold a majority stake in the business for £46m to its own backers Highbridge Principal Strategies and Madison Dearborn Partners in the first quarter of 2016. It then disposed of the remaining

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