30th Jun 2020 06:56
BP Marsh & Partners PLC - London-based private equity investor in financial services businesses - Subscribes for a 30% cumulative preferred ordinary shareholding in SAGE Program Underwriters for an equity consideration of USD250,000. Will provide a loan facility to SAGE of USD250,000. Based in the US state of Oregon, SAGE provides specialist insurance products to niche industries, initially in the inland delivery and field sport sectors.
Current stock price: 244.00 pence
Year-to-date change: down 9.3%
By Tapan Panchal; [email protected]
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B.p Marsh