Consolidation may test the FSA's limits
It seems that Tony Cornell was tempting fate when his consultancy released its annual retail commerc...
It seems that Tony Cornell was tempting fate when his consultancy released its annual retail commercial market review, which said that no top 50 broker had been acquired between January 2005 and January 2006 - because, within days of the announcement, Jelf had swooped for Goss. Granted, this type of deal is unusual by recent standards, being a merger of equals - of sorts - rather than the now-familiar scenario of huge consolidators circling for small to medium-sized provincial prey.
With Jelf's
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