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Besso aims for wider share ownership as it buys 15% for key managers

Besso Insurance Group has exercised a share buy-back right giving the management team 70% of the Lloyd's broker.

The company took 11% from Brian Marsh Enterprises and 4% from private equity backer BP Marsh for a total of £1.1m under a deal hammered out when they invested in April last year to buy out Wells Fargo

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