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Towergate hints at global acquisition plans in 2011

peter cullum towerbridge cutout

Towergate Insurance Group has not ruled out an acquisition outside the UK before the recently refinanced consolidator achieves its long-term goal of flotation.

The group declared its full-year 2010 results "highly satisfactory" despite overall losses totalling £14m — a £14m improvement on 2009's losses of £28m. Operating profit — earnings before interest

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