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B.P. Marsh sells interest in Trireme

By BFN News | 01:36 PM | Monday 03 April, 2017


B.P. Marsh & Partners has announced the conditional disposal, to its fellow shareholder US Risk Midco, of its entire 29.94% shareholding in Trireme Insurance Group for £2,959,695. This includes £51,345 of dividends, for its equity holding in Trireme, payable on completion. The Company added that the deal represents an IRR (including fees) of 15.6% since 2010, the date at which it originally invested in Trireme. At 1:36pm: (LON:BPM) B.P. Marsh Partners PLC share price was 0p at 198.5p Story provided by StockMarketWire.com

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