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Curtis Banks Group announces acquisition of Suffolk Life Group Limited

Friday, 15 Jan 2016

Curtis Banks Group Plc:Entered into agreement to acquire Suffolk Life Group Limited and its subsidiaries from Legal & General Group plc.Deal for consideration of 45 million pounds.Acquisition is expected to be earnings enhancing in the financial year ending 31 December 2016.Acquisition is to be funded by the combination of an underwritten placing of 8,437,500 new ordinary shares of 0.5p each.

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