Former Admiral CEO invests $25 million in flagging Compare
Admiral has reached an agreement with its founder and ex-CEO, Henry Engelhardt and his wife, Diane Engelhardt that will see them invest $25 million in the group’s US comparison website, Compare.
The investment will see Diane Engelhardt take a 17% stake in Compare, while Henry Engelhardt, pictured, joins its board.
Admiral maintains a majority interest in Compare, controlling a 59% stake
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