Private equity firm Cinven due to suceed Vitruvian Partners
One of the insurance sector's largest employers on the Island - IFGL - has a new majority investor.
International private equity firm Cinven will take up the position subject to regulatory approval.
Cinven would succeed Vitruvian Partners which has partnered the company since 2013.
Group marketing director Simon Barwell says it's great news for the group and the Island.
Enterprise minister 'optimistic' following challenging period for tourism sector
Tim Johnston welcomes investment in accommodation on the Island
Mannin Music confirms Peel beach stage trial go ahead for summer
Peel Commissioners offer an extra six dates for events
Ribbon cut on fully refurbished M&S store
Staff, the Island's Lieutenant Governor and a giant inflatable Percy Pig mark completion of store makeover
Inflation falls to 2.9 percent in March
Restaurant, food and education costs continue to rise
