Price Forbes completes MBO from Marsh
Lloyd's broker Price Forbes & Partners, has completed a management buy out from its parent Marsh. Price Forbes & Partners is now a wholly owned subsidiary of PFIH Limited, a newly incorporated investment holding company that is owned and controlled by the management and employees.
The company will take over the existing operations of Price Forbes Limited including its claims and client servicing operations, its existing leasehold premises in Minster Court, London and the
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