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Friday, 17 March 2017

Bob Diamond Starts U.K. Comeback With Panmure Gordon Takeover - Bloomberg

Bob Diamond Starts U.K. Comeback With Panmure Gordon Takeover - Bloomberg:

"Bob Diamond is returning to London’s financial center with a takeover of brokerage Panmure Gordon & Co. to build a boutique investment bank. The former Barclays Plc chief executive’s Atlas Merchant Capital and Qatari investment bank QInvest LLC agreed to take the 141-year-old stockbroker private for 15.5 million pounds ($19 million) in an all cash deal, according to a statement on Friday. QInvest already is Panmure’s biggest shareholder."



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