IN BRIEF: Panmure Liberum completes PSC sale of BP Marsh stock
BP Marsh & Partners PLC - London-based private equity firm, investing in early-stage financial services businesses - Panmure Liberum Capital Ltd says sale of 1.9 million shares in BP Marsh by PSC UK Pty Ltd is completed. The shares, 5.2% of BP Marsh's issued share capital, are placed at 630 pence each. On completion, PSC holds just under 15% stake in BP Marsh. The remaining shares are subject to a 60-day lock-up. BP Marsh will not receive any proceeds from the placing. Read More