BP Marsh nets £51.5mn from Kentro sale to Brown & Brown
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BP Marsh nets £51.5mn from Kentro sale to Brown & Brown

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Investment firm BP Marsh will receive a £51.5mn ($64mn) cash consideration, net of all transaction costs, from the sale of its 18.7% shareholding in Kentro Capital to Brown & Brown.

The deal represents a money multiple on investment of 3.41x and an internal rate of return to BP Marsh of 25%.

It

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