Announced
Synopsis
Close Brothers Group, a merchant banking group, agreed to acquire Bluestone Motor Finance, a provider of loans to consumers for used cars. Financial terms were not disclosed. "I am delighted to announce this transaction. Bluestone Motor Finance has delivered impressive growth and will complement our Motor Finance presence in the UK and Ireland, a strategic growth market for the group. We would like to welcome Donal and the team to Close Brothers and look forward to working together to further expand our presence in the Irish market," Adrian Sainsbury, Close Brothers CEO.
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