Editor's comment: Fleeing the family nest
This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while also serving as cautionary tales against potential fallout from familial difficulties in modern times.
The twin tales are those of Hyperion selling its 60% stake in CFC Underwriting to the management team, while QBE’s buying up of Brit UK’s regional business is the other – one that effectively doubles
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