Aitchison & Colegrave director Brian Aitchison admits he was surprised by B&B's announcement that it intends to sell off its subsidiary IFAs.
He says he hopes B&B will find a buyer which will mesh with A&C's plans for growth and not just sell to the first company that shows up with an offer. Aitchison says he can understand B&B's course of action.
He says: “I want to be absolutely clear that we had and still have ambitious growth plans and we are certain that we will be an attractive acquisition. With senior management at Aitchison & Colegrave still at the helm, it would be foolish for B&B not to take our views into account when looking for prospective buyers.”