Begbies expands property arm with BSM acquisition

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Business services group Begbies Traynor has expanded its property arm with the takeover of Barker Storey Matthews (BSM), the east of England-based surveying firm.

The £1.6m acquisition cost is satisfied by £1.067m in cash and through the issue of 844,290 new ordinary shares in Begbies at 5p each.

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