BGL confirms Fenchurch appointment after report of approaches for insurance arm

Signs of confusion

BGL Group has confirmed the appointment of Fenchurch Advisory Partners as Sky News revealed the business was looking at offers for its insurance arm.

A spokesperson told Post: “Approaches do happen, we have a duty to explore them, but there’s nothing further to say at this stage.”

The article suggested that the unit could be valued at £700m.

BGL

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