Nexus sale is 'unlikely' after BP Marsh ups share
BP Marsh increasing its stake in Nexus could mean a rumoured sale of the managing general agent is off the cards, analysts say.
BP Marsh increased its stake in Nexus by 1.9% last week. Prior to this, reports suggested that a sale of the MGA to Ardonagh was close to being announced.
In an investee announcement, BP Marsh said:
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