Panmure in Bluegem Deal After a 'Shocking' Dive Into Red
Evening Standard - London › April 15, 2009
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Summary
PANMURE Gordon today moved to shore up its finances after "a shocking year" in 2008 saw it dive into the red.
The City stockbroker raised Pounds 17.3 million by selling 72 million shares to Mayfair-based private-equity firm BlueGem for 24p each.See the full content of this document
Extract
Panmure in Bluegem Deal After a 'Shocking' Dive Into Red
The deal gave BlueGem, set up by former Merrill Lynch banker Marco Capello in 2006, a 40.3% stake in ...
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