BMS to become employee owned
Specialist insurance broker BMS Group is buy out its only external shareholder, AHJ Holdings, after reporting annual revenues up 7% to £50m.
Its underlying EBITDA was up 28% at £7.1m ($11.8m) and it said it expected further growth in 2011.
BMS is to buy back the AHJ shareholding over the next two years. The deal is subject to shareholder
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