Consolidator outlines float plan to grow
Cobra, the UK-based retail and wholesale insurance broking group, today announced its intention to seek admission to trading on AIM and to raise £10m by way of a placing of ordinary shares with institutional investors.
The Group was formed in 2006 through the amalgamation of six separate companies under a single parent company, Cobra Holdings. It has a premium income in excess of £350m. It claims to have one of the
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