Day four: Box Clever launch was 'focused on getting as much cash as possible'

James Phillips
clock • 4 min read

Granada and Thorn were mainly focused on the "share of the cake" and "taking out as much cash as possible" when negotiating the launch of the 50:50 joint venture of Box Clever, the Upper Tribunal has been told.

Providing expert corporate finance and accounting evidence on 1 February, Lincoln Pensions chief executive Darren Redmayne told the tribunal this meant commercial due diligence exercises may not ha...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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