Hyperion defends move to sell majority stake in CFC Underwriting
Hyperion chief executive David Howden has denied speculation that the sale of the firm’s majority stake in CFC Underwriting could signal a greater focus on the broking arm of its business.
With bosses in both boardrooms eager to reinforce the message that the decision to extinguish their 12-year relationship, by agreeing the sale of Hyperion's 60% ownership in CFC, is a result of
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