Argenta launches strategic process
Lloyd's managing agency and members' agent Argenta has
appointed Goldman Sachs to run a strategic process which is likely
to see the company sold, The Insurance
Insider can reveal.
Sources said that Goldman Sachs started contacting likely
acquirers and investors late last week after being called in by the
board of Argenta Holdings plc, following a number of years in which
the business has flirted with corporate activity.
Argenta is 45 percent owned by Glenrinnes Farms, a holding
company owned...
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