B.P. Marsh & Partners plc (GB:BPM) has released an update.
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B.P. Marsh & Partners, a venture capital firm, has successfully sold its 28.4% stake in Lilley Plummer Holdings, generating a substantial cash return of £21.65 million. This strategic sale, which showcases an impressive internal rate of return of 93.5%, highlights the firm’s ability to identify and nurture promising financial service startups. Following this lucrative transaction, B.P. Marsh plans to enhance shareholder returns with increased dividend payouts over the next three years.
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