Close Brothers Parts Company with Keogh

Summary


CLOSE Brothers announced the departure of chief executive Colin Keogh as it revealed a 32pc drop in first half profits to [pounds]90m.

Keogh's exit may pave the way to takeover offers, analysts said. In his six years at the helm, the Close boss has rejected a number of bids from companies including Cenkos Securities and Icelandic bank Landesbanki, and Blackstone earlier this year.

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Close Brothers Parts Company with Keogh

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