Broker raises millions to fund new acqusition push
Listed Manchester based insurance broker CBG is proposing to raise £3m before expenses, by way of two Placings, in order to finance a number of potential acquisitions.
Since March 2005 it has acquired Exius Limited, Swinburne James, Spencer Lavery Associates and ET Knagg – significantly boosting the company’s general insurance activities.
In a statement it added:
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