THB doubles H1 profits as AmWINS talks continue
London-listed international broker Thompson Heath & Bond (THB)'s pre-tax profits for the six months to 30 April have doubled to £1.9mn, as exclusive takeover talks with US wholesaler AmWINS continue.
The Insurance Insider revealed on Tuesday (12 July) that THB and AmWINS were in advanced talks. And after a stock exchange announcement from the London wholesaler confirmed the story its share price jumped from 62p to more than 77p, before dipping slightly.
In its results release THB disclosed that Ebitda...
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