Towergate issues bondholder call for bids
Broker writes to bondholders to invite bids to buy the business.
Towergate has written to bondholders saying that any interested in buying the business should contact them via Evercore as soon as possible.
The letter stated: "The group has decided to invite other persons potentially interested in acquiring the group also to make proposals.
"Any holders of the notes who are interested in participating in making such proposals should contact Evercore as soon as possible to express their interest."
Process
Insurance Age understands that the letter is part of the
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