Nexus targets European acquisition after further BP Marsh cash injection
Niche venture capital provider BP Marsh & Partners has increased its investment in independent specialty managing general agency Nexus Underwriting Management in order to support its acquisition plans.
For a total consideration of £1,554,000, BP Marsh has acquired new preferred ordinary shares representing 5% of the enlarged share capital of Nexus.
The acquisition takes BP Marsh's shareholding in
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