Jump to content

Hambro Magan

From Wikipedia, the free encyclopedia
Hambro Magan
Company typePrivate
IndustryFinance
HeadquartersLondon, United Kingdom

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

History

[edit]

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]

References

[edit]
  1. ^ a b 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. ^ a b 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