Kenmore Chief in Talks to Buy Gbp 1.8bn Asset Division

The Scotsman › October 03, 2009

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Summary

ROB Brook, managing director of Kenmore Property Group, is in talks about buying the company's GBP 1.8 billion asset management division.

Sources say negotiations over the proposed management buy-out are at a "critical" stage, with discussions expected to reach a climax next week.

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Extract

Kenmore Chief in Talks to Buy Gbp 1.8bn Asset Division

Brook has approached shareholders and Lloyds Banking Grou...

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