BP Marsh restates value of Besso exit to £22mn
The listed venture capital and private equity investor BP Marsh
& Partners has restated the value of the nearly 38 percent
stake in insurance broker Besso that it sold earlier this year to
BGC Partners.BGC Partners, one of the world's largest wholesale derivatives
brokers, paid £441,600 more to BP Marsh than previously
stated, raising the acquisition value to over £22mn ($27.5mn)
from £21.5.
BP Marsh released the additional detail in a London Stock
Exchange filing today.The
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