British regulator clears way for £206m IFG takeover
Sale of financial services firm needs court approval, with date set for end of August
Sale of financial services firm needs court approval, with date set for end of August
Deal with Epiris expected to close by second half of this year
John Cotter stands to make £195,446 by exercising options at average price of £1.59
Epiris to acquire financial services group IFG in takeover deal valued at £206m
Revenue at James Hay division projected to grow by 7% over the next three years
Although revenue and profit increased, IFG is still dealing with a series of legacy issues
Company has sold off €4bn of unwanted assets, but its strength could be undermined
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