Employee benefits and insurance provider Personal Group Holdings (LON: PGH) is selling a business that it acquired ten years ago and has been a disappointing performer over the past few years. This will allow the business to focus on the things it is good at.
One year ago, Paula Constant took on the chief executive role at AIM-quoted Personal Group. She has reviewed strategy, and this identified that the insurance and benefits platform and its offers are a strong business. Management can concentrate on expanding these operations, where there is plenty of scope for growth.
The Perkbox Vi...
