Brit IPO cost in line with expectations, claims Cloutier
Brit group chief executive Mark Cloutier has conceded he was not happy with the £14m cost of launching the firm's initial public offering, despite the figure being in line with expectations.
The IPO cost was announced in Brit's first half results this morning.
"In the prospectus we tried to give some guidance and I don't think the numbers were far off what we were expecting," Cloutier, pi
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