RFIB to undergo management buy out
The former management and senior staff of Robert Fleming Insurance Brokers have reached an agreement,...
The former management and senior staff of Robert Fleming Insurance Brokers have reached an agreement, in principle, to acquire the controlling interest held by Chase Manhattan Corporation.Completion of the transaction, which is subject to RFIB shareholder approval, is expected in January 2001. The company will continue to trade under its present name. RFIB employs 230 staff and achieved a profit of £2.2m before exceptional items and tax in the year ending 31 March 2000.
The company was formed
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk