New story from Crain's Manchester Business published by Daniel Pleasant July 31, 2009
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Formation sells talent management arm
Formation Group Plc (AIM: FRM) today confirmed the anticipated sale of part of its business to a management buyout funded by private equity firm Gresham LLP.
It said it was selling some of its subsidiaries for £16.4m in cash, leaving the listed company to focus on its property management and IFA businesses. More: http://tinyurl.com/talentmanagement43
