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London market broker announces sale

THB has today announced that it has completed the sale of its Glasgow based broking division, Marshall Ewart & Graham, to JW Group. It has also reached a separate agreement with another company for the purchase of its Leeds based broking division, THB Northern, which is expected to complete later this month.

In a statement THB said: “These divestments are the result of a strategic review of THB Clowes, the group’s provincial retail insurance broking operation, designed to focus operations around its hub

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