Ageas UK injects £24m into Retail business after Kwik Fit loss
Ageas UK has been forced to inject £24m into its Retail broking division to patch up an £18m dent left in the unit’s finances following the closure of Kwik Fit Insurance services.
In a financial results filing on Companies House, Ageas said the cash injection would allow it to “continue trading as a going concern and meet its working capital requirements”.
Following a review
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