Cenkos Circles Close Brothers ; Finance

Summary


ANDY STEWART, chief executive of boutique advisory firm Cenkos Securities, has reportedly approached investment bank Close Brothers about a possible takeover.

The 129-year-old Close Brothers is valued at about Pounds 1.1 billion, 10 times more than the relative newcomer Cenkos.

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Extract


Cenkos Circles Close Brothers ; Finance

The offer, believed to be above yesterday'...

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