31st May 2016 16:10
LONDON (Alliance News) - Dunedin Enterprise Investment Trust PLC on Tuesday said it has invested GBP4.2 million in Kingsbridge Risk Solutions through the Dunedin Buyout Fund III.
Kingsbridge is an insurance services provider with its headquarters in Gloucestershire. The firm provides tailored insurance services to aerospace, banking, rail, automotive, nuclear and oil and gas industries.
Dunedin Enterprise will have a 13% stake in the business through the investment.
Dunedin shares closed up 0.7% to 331.92 pence on Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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