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Tysers owner AUB takes 80% stake in Movo Group

Business team

AUB has agreed to acquire an 80% equity stake in Movo, including its appointed representative network Movo Partnership, its equity broking group, Movo Insurance Brokers, and insurance technology platform, Durell Software.

The Australian broking group has been expanding into the UK retail broking market for the last few years with equity partnerships with Momentum back in June and the acquisition of Tysers back in 2022

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