21st Jun 2023 14:01
BP Marsh & Partners PLC - London-based venture capital investor in financial services businesses - Subscribes to a 25% stake in new holding company Pantheon Specialty Ltd. Says Pantheon owns Denison & Partners Ltd, in which BP Marsh owned a 40% stake of, and will thus provide Denison & Partners further loan funding of GBP500,000. Adds joint chief executive officer of Besso Group and Besso Ltd Robert Downman will become CEO of Pantheon and Denison & Partners, and Alasdair Ritchie will become Chairman of both Pantheon and Denison and Partners.
Current stock price: 401.98 pence, up 2.5%
12-month change: up 30%
By Sabrina Penty, Alliance News reporter
Comments and questions to [email protected]
Copyright 2023 Alliance News Ltd. All Rights Reserved.
Related Shares:
B.p Marsh