Brit CEO insists it will retain stake in Simply Business despite UK arm sale
Brit has insisted it plans to keep its shareholding in online intermediary Simply Business despite selling its regional retail business.
In 2008 Brit acquired a 38.4% stake in the then loss-making parent firm of Simply Business, Xbridge, for £7m. According to accounts filed at Companies House, for the year ended 2010, Xbridge made its
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