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Insurer in GBP10m takeover.

Europe Intelligence Wire

| July 02, 2008 | COPYRIGHT 2008 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Western Daily Press)

A Business which specialises in debt management and consolidation has taken over insurance specialists Group Direct.

Bristol-based Brightside Group announced completion of the acquisition and its associated company, Injury QED, yesterday for an estimated GBP10 million.

Chris Fay, the former chief executive of Shell UK, has become the non-executive chairman of Brightside.

...

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