Hambro Insurance talks

Saturday 02 May 1998 00:02 BST

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Hambro Insurance talks

HAMBRO Insurance Services said it had received "a number of approaches" from potential purchasers. It said the approaches - rumoured to include a proposal from Fishers International, the Irish insurer - could lead to an offer for the group. But HIS stressed it was still reviewing a range of options, including a share buyback and joint ventures. Yesterday, the bulk of Hambros, HIS's majority shareholder, was sold to Investec of South Africa.

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