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Market report: Esure sold for £1.2bn, Royal Mail facing hefty fine and copper output squeezed featured picture

Market report: Esure sold for £1.2bn, Royal Mail facing hefty fine and copper output squeezed

UK insurer Esure (ESUR), the firm behind the Sheila’s Wheels brand, has agreed to be bought out by Bain Capital Private Equity in a £1.21bn deal. This is confirmation after news of talks broke late morning on Monday, sending the stock soaring more than 30%. That caps interest in financial figures, also out on Tuesday, which show a hefty fall in pre-tax profit for the six months to 30 ...
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