Less than a year since it acquired Arden Partners in an arduous £10m buyout, Ince today (16 November) announced it is selling off the ‘loss making’ subsidiary for just £1m.
Ince had originally revealed it was buying the mid-cap investment banking company (and its own corporate adviser) Arden late in 2021, but the completion of the deal was stalled by regulatory constraints for months, finally wrapping up in April this year.
