Royal London announces management-led buyout of 360°
The Royal London group has entered in to an agreement with funds advised by independent private equity firm Vitruvian Partners to support a management-led buyout of Royal London's offshore arm 360° and its subsidiaries for an undisclosed sum.
The 360° executive management team, led by chief executive David Kneeshaw, will remain unchanged. Following completion, the company will be re-branded "RL360°". RL360° will be further strengthened through...
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