Cullum in for the long haul
It seems a long time ago since Candover and Towergate discussed a multi-billion pound valuation and ...
It seems a long time ago since Candover and Towergate discussed a multi-billion pound valuation and taking Towergate public with Patrick Snowball - chairman of Towergate Financial Services - at the helm. Candover is now in trouble and Towergate has not made any significant acquisitions since the Broker Network at the end of 2007. As a sign of the times, when renegotiating its debt terms, Towergate's executive chairman Peter Cullum said that his banking syndicate had more questions about
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