Efforts to save the former Neon business led by CEO Theo Butt have collapsed at the 11th hour after private equity house Alchemy Partners suddenly withdrew its support amid Covid-19-induced financial market turbulence, Insurance Insider understands.
Efforts to save the former Neon business led by CEO Theo Butt have collapsed at the 11th hour after private equity house Alchemy Partners suddenly withdrew its support amid Covid-19-induced financial market turbulence, Insurance Insider understands.