Hambro Magan

Hambro Magan was a London-based private equity firm from 1988 to 1996.

Hambro Magan
Private
IndustryFinance
HeadquartersLondon, United Kingdom

History

The firm was co-founded by Rupert Hambro, George Magan, Baron Magan of Castletown and Alton Irby III in 1988.[1][2][3]

It had 40 employees, including Sir Michael Richardson.[1] According to The Wall Street Journal, the firm "advised Rhone-Poulenc Rorer on its 1.8 billion pound acquisition of Fisons PLC, Swiss Bank Corp. on its 860 million pound acquisition of S.G. Warburg & Co. and United News & Media on its 2.9 billion pound merger with MAI PLC."

It was acquired by NatWest Markets in 1996.[3][4]

gollark: "Benefit to society" is vague and seems to mostly just work as a bludgeon to complain about things which don't have some obvious and Morally Pure™ justification to exist.
gollark: I'm speaking (typing) in general, I mean.
gollark: I suppose you could say that the "negative contribution to society" outweighs the positive one, which is more likely to be true for illegal stuff than legal stuff, at least.
gollark: Sure?
gollark: Ultimately someone is paying for these jobs, but there's frequently enough indirection that it becomes nearly-meaningless.

References

  1. Sara Calian, NatWest Markets to Purchase J O Hambro Magan of the U.K., The Wall Street Journal, October 11, 1996
  2. Terence Trefgarne, Sale expected to net Hambro £40m, The Daily Telegraph, 18 October 2000
  3. Jane Croft, HBOS buys stake in Carlton Financial, Financial Times, September 10, 2006
  4. Jill Treanor, Hambro Magan in pounds 70m bonanza from NatWest bid, The Independent, 11 October 1996
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