THB in talks to buy PWS
Specialist London market broker THB Group has revealed that negotiations have commenced with the board of PWS Holdings for the acquisition by THB of the Lloyd’s broking business of PWS International Ltd and the overseas interests of the PWS group.
Acquisition terms are yet to be agreed and due diligence is currently being carried out.
The statement said that the two companies are hopeful that terms can be agreed that will result in a
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