Chubb CTF Management Plans Buy-Out
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Four executives at Chubb Contingency Trading Facility (CTF) are attempting to buy the disaster recovery services company from Chubb Services, a subsidiary of insurance giant Chubb & Sons.
The four principals attempting this management buy-out are business development manager John Jessop, finance director Ron Heathe, technology manager Joe Illari and sales director Bob Felch, according to an industry insider. To finance the acquisition, this source says, the executives have approached Fidelity
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