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Giles parent records £72.5m Gallagher takeover charge

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Giles parent Expectrum has taken a £72.5m charge on its sale to Arthur J Gallagher last year, according to recent accounts.

The sale was formalised in November, with a formal name change taking place earlier this week on Companies House.

While Expectrum's revenues rose 2.1% to £90.5m, the group took a £72.5m provision for

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