Bluefin chief executive insists the broker “really means it” as he details its latest acquisition plans and life under Amanda Blanc
Bluefin chief executive Stuart Reid has outlined plans to return to the acquisition trail, insisting that the broker “really means it” this time.
Like many other big brokers, Bluefin has been talking of acquisition plans for some months. Reid said he wanted to buy up to one business a month for the next three years – if he could find the right deals.
In a wide-ranging interview, Reid also spoke of “pain and heartache” ahead as the company cut costs, acknowledging that redundancies would be inevitable. He commented on high profile departures, including that of chief trading officer Graham Coates, and his working relationship with new AXA Commercial boss Amanda Blanc.
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